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Bhutan’s Gelephu Mindfulness City Launches Fast-Track Licenses With Built-In Banking

The program targets firms already regulated abroad to cut setup time.

Overview

  • Gelephu Mindfulness City, which announced the framework Tuesday, now bundles incorporation, local approval and a DK Bank account into one setup.
  • DK Bank offers guaranteed multi-currency accounts and crypto finance tools such as BTC-backed loans, with banking fees waived for at least six months.
  • Firms licensed in Singapore, Hong Kong or Abu Dhabi’s ADGM qualify for faster review under local supervision.
  • GMC promotes 0% corporate tax for priority sectors, no tax on capital gains, dividends or inheritance, and income tax breaks for foreign hires through 2030.
  • The rollout follows Arkham’s reports of Bhutan-linked Bitcoin transfers, including 100.44 BTC on Tuesday, which officials say did not tap the pledged 10,000-BTC reserves.