Bhutan’s Mindfulness City taps DK Bank to provide multi-currency accounts, Bitcoin-backed lending to every licensed firm

The post Bhutan moves another $8.2M in Bitcoin as state reserves keep falling appeared on BitcoinEthereumNews.com. Bhutan’s government has moved another 100.44 BTC worth roughly $8.2 million, extending a months-long pattern of treasury outflows tied to wallets tracked by blockchain analytics firms. Summary Bhutan moved 100.44 BTC worth about $8.2 million to an unlabeled wallet as state-linked outflows continued into May. Arkham estimated that Bhutan-connected wallets have transferred more than $230 million in bitcoin since the start of 2026. Bhutan still holds about 3,119 BTC, although its reserve has fallen sharply from more than 13,000 BTC recorded in 2024. According to on-chain data published Tuesday by Arkham Intelligence, the Royal Government of Bhutan transferred the bitcoin at 5:27 a.m. UTC through three separate transactions to an unlabeled wallet beginning with “bc1qn.” Arkham, which started monitoring Bhutan’s holdings in 2024, said the movement appeared consistent with prior

GMC launches fast-track licensing for globally regulated financial firms. New framework combines licensing and banking into a single setup process. DK Bank guarantees accounts and digital asset services for all GMC firms. Gelephu Mindfulness City (GMC), Bhutan’s Special Administrative Region for economic development, has introduced an accelerated licensing pathway for companies already regulated in leading global […] The post Bhutan’s Gelephu Mindfulness City unveils fast-track licensing for global finance and crypto firms appeared first on CoinJournal.

The post Bhutan Opens Accelerated Fintech Licensing With 0% Corporate Tax and Free Banking – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Gelephu Mindfulness City launched an accelerated licensing pathway on May 12, 2026, targeting firms already regulated in Singapore, ADGM, or Hong Kong. DK Bank guarantees corporate accounts for all GMC-licensed companies, supporting 9 currencies and BTC-backed lending from day one. GMC offers 0% corporate tax for qualifying firms and foreign talent tax exemptions through 2030, positioning the SAR as a regional financial hub. DK Bank Guarantees Accounts for Every GMC-Licensed Firm Starting May 2026 The Special Administrative Region, established under a Royal Charter to serve as a platform for Bhutan‘s economic development, is targeting globally credible financial and digital asset firms. The announcement, shared directly with Bitcoin.com News, says that under the new program, qualifying companies move through incorporation, regulato

Gelephu Mindfulness City in Bhutan is offering a faster licensing track with banking and zero‑tax incentives to attract regulated crypto firms willing to build long‑term operations.

Bhutan’s Gelephu Mindfulness City launched an accelerated licensing pathway on Tuesday, giving companies already regulated in Singapore, Abu Dhabi Global Market, or Hong Kong a direct route to full operational status, with a guaranteed bank account included. DK Bank Guarantees Accounts for Every GMC-Licensed Firm Starting May 2026 The Special Administrative Region, established under a […]

Bhutan’s government has moved another 100.44 BTC worth roughly $8.2 million, extending a months-long pattern of treasury outflows tied to wallets tracked by blockchain analytics firms. According to on-chain data published Tuesday by Arkham Intelligence, the Royal Government of Bhutan…