Citizens and businesses in Bhutan may benefit from streamlined crypto regulations, enhancing access to financial services.
The new licensing framework could alleviate delays in banking access, previously a major hurdle for fintech firms globally.
Bhutan’s growing investment in digital assets may create new economic opportunities for its residents and contribute to the country’s development.
Bhutan’s Gelephu Mindfulness City (GMC) has launched a licensing framework that combines regulatory approval and corporate banking for crypto and fintech firms into a single process.
Firms already licensed in Singapore, the Abu Dhabi Global Market (ADGM), or Hong Kong will qualify for an expedited review under the framework, GMC Source link
