New in-principle regulatory registration secured from the Gelephu Financial Services Office
BTSE has obtained an in-principle VASP registration with the Bhutan GFSO, extending its regulated footprint into a new jurisdiction.
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BTSE has obtained an in-principle VASP registration with the Bhutan GFSO in Gelephu Mindfulness City for a Financial Services License covering virtual asset trading and custody — extending BTSE's regulated footprint into a new jurisdiction.
Subject to satisfying final regulatory conditions, the license will authorize BTSE Bhutan to:
Operate a multilateral trading facility for the exchange of virtual assets.
Provide institutional-grade custody for the safeguarding and storage of virtual assets.
The dual authorization positions BTSE Bhutan as a regulated venue for both active trading and secure asset holding within GMC — Bhutan's purpose-built Special Administrative Region focused on sustainable, long-term economic development.
BTSE Bhutan also plans to build an on-the-ground team, including local hires, to support its operations in the region.
