Bhutan’s Gelephu Speeds Licensing, Banking Access for Crypto Firms

Gelephu Mindfulness City (GMC) in Bhutan is offering an accelerated licensing pathway for crypto and fintech companies already regulated in hubs such as Singapore, Hong Kong and Abu Dhabi, as the Himalayan territory pushes to position itself as a new South Asian financial center.

The framework allows qualified companies to incorporate, obtain authorization from local regulators and open a…