What happened: Bitget has officially signed a cooperation agreement with the Gelephu Mindfulness City (GMC) Authority in Bhutan. The deal lays the groundwork for the exchange to establish a legal, licensed presence within the Special Administrative Region, focusing on regulatory compliance and ecosystem development.
Why it matters: Bhutan is rapidly emerging as a crypto powerhouse, leveraging its abundant hydropower for green mining and proactive legislation. For the crypto community, this move signifies that major global exchanges are increasingly looking to operate in jurisdictions that offer both regulatory clarity and sustainable energy, potentially setting a new standard for how nations and exchanges can collaborate to foster long-term digital asset growth.
