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Matrixport Seeks License for Virtual Asset Services in Bhutan’s Gelephu Mindfulness City
In a groundbreaking move, Matrixport has announced its intention to apply for a Financial Services Permission Licence to offer virtual asset services in Bhutan’s Gelephu Mindfulness City. This strategic expansion marks the company’s entry into the South Asian market, leveraging the unique regulatory environment offered by the region.
As a leading global hub for crypto financial services, Matrixport aims to bolster its business capabilities and contribute to the economic growth of the region. To achieve this goal, the company will need to obtain a licence from the Gelephu Mindfulness City Authority (GMCA).
Matrixport’s CEO expressed enthusiasm about the expansion into Bhutan, highlighting the region’s regulatory environment as an excellent platform for delivering innovative and compliant virtual asset solutions.
The company has pledged to collaborate with GMCA to advance the digital economy in the region.
Source: Blockchain.News
