Bitget Moves to Secure Crypto License in Bhutan

Bitget has officially entered into a cooperation agreement with the Gelephu Mindfulness City Authority. The partnership serves as a formal step for the exchange to establish a physical presence in the region and begin the process of obtaining a Financial Services License under the city's virtual asset framework.

This move highlights the growing interest of major exchanges in emerging jurisdictions that offer clear rules for digital assets. By aligning with the Gelephu Mindfulness City project, Bitget aims to integrate itself into the local regulatory structure as the city works to become a hub for blockchain and finance.

Traders and industry observers should watch for further updates on the licensing timeline. Successfully securing this approval would allow the exchange to offer regulated services within Bhutan and expand its footprint in Asia.