Bitget has signed a cooperation agreement with the Gelephu Mindfulness City Authority, marking a step toward establishing a local presence in Gelephu Mindfulness City, Bhutan. The agreement sets out a framework for Bitget to establish a legal presence in GMC, prepare an application for the relevant Financial Services Licence under the regulatory framework administered by the Gelephu Financial Services Office, and work with GMCA on operational, regulatory, and ecosystem-building workstreams. The cooperation is intended to support the growth of the digital asset ecosystem in GMC, subject to the required approvals. “Bhutan is approaching digital assets with a rare mix of long-term thinking, clean-energy advantage and regulatory clarity,” said Gracy Chen, CEO at Bitget.