Gelephu: Bitget has entered into a cooperation agreement with the Gelephu Mindfulness City Authority aimed at exploring the establishment of a licensed digital asset presence in Bhutan.

According to BERNAMA News Agency, this agreement marks a significant step for Bitget as it seeks to expand its operations within the region. The collaboration with the Gelephu Mindfulness City Authority is expected to provide a structured framework for Bitget to navigate the regulatory landscape in Bhutan, facilitating a potential introduction of digital asset services in the country.

Both parties are committed to ensuring that the exploration of digital asset opportunities aligns with Bhutan's regulatory requirements and the Gelephu Mindfulness City Authority's vision for financial innovation. The agreement is seen as a proactive measure to foster growth in the digital finance sector in Bhutan, potentially setting the stage for future developments in the area.