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Aug 7, 2026

Bitget Signs Agreement to Establish Licensed Operations in Bhutan's Gelephu Mindfulness City

Cryptocurrency exchange Bitget has signed a cooperation agreement with Bhutan's Gelephu Mindfulness City Authority to establish a local presence and pursue a financial services license under the city's virtual assets framework. The move positions Bitget in Bhutan's emerging crypto-friendly special economic zone.

Aug 7, 2026·6 sources
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Aug 1, 2026

US makes the visa bond program permanent, requiring up to $20,000 from 50 Countries, mostly in Africa

The U.S. State Department announced it will permanently implement a visa bond program requiring applicants from 50 countries—predominantly African nations, plus Bangladesh, Bhutan, and Nepal—to post bonds of up to $20,000 when seeking B1/B2 visas. The program, which transitions from a pilot initiative, takes effect August 3, 2026.

Aug 1, 2026·9 sources
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Jul 30, 2026

Bhutan’s Gelephu Mindfulness City Appoints 3iQ to Manage Bitcoin Reserves

Canadian digital asset manager 3iQ has secured a mandate to manage a portion of Gelephu Mindfulness City's Bitcoin reserves as part of a strategic partnership to advance the planned city's digital asset infrastructure.

Jul 30, 2026·1 source
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Top claims

  • ▪On August 6, 2026, cryptocurrency exchange Bitget signed a cooperation agreement with the Gelephu Mindfulness City Authority in Bhutan to establish a local legal presence.
  • ▪Bhutan's Bitcoin mining proceeds have been used to support government finances, including funding public-sector salary increases.
  • ▪Gelephu Mindfulness City is a Special Administrative Region covering over 2,600 square kilometers in southern Bhutan, established by Royal Charter in December 2024.

Topics

Crypto exchange regulationCrypto regulationInstitutional crypto adoptionU.S. immigration policyU.S.-China relations
U.S. domestic politics
Trade restrictions
Strategic Bitcoin reserves
Bitcoin

Related entities

BangladeshUnited StatesNepalCanada

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