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Bhutan's Gelephu: Crypto & Fintech Haven
Description
Bhutans Gelephu Mindfulness City unveils fast-track for crypto and fintech firms, offering quick licenses, bank accounts, and zero taxes. Targeting regulated companies from Singapore, Hong Kong, and Abu Dhabi, the city aims to become South Asias next finance hub. The process is streamlined through DK Bank, with standard checks still in place. Tax perks include zero corporate rates for key sectors and no capital gains or dividends tax. The city plans to use up to ten thousand Bitcoin from national reserves to fuel the build-out.
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