Bhutan just made a play that most countries spend years debating in committee. Gelephu Mindfulness City, the Himalayan kingdom’s ambitious special economic zone, has opened a fast-track licensing pathway for crypto and fintech firms that already hold regulatory approval in major financial centers.

The pitch is straightforward: if you’re already licensed in Singapore, Hong Kong, or Abu Dhabi Global Market, GMC will bundle your company setup, regulatory sign-off, and banking access into a single coordinated process. No redundant paperwork, no starting from scratch in a new jurisdiction.

What the fast-track actually looks like

The program combines incorporation, regulatory review, and local banking access into one…