Bhutan's Gelephu Mindfulness City sets fast-track fintech licensing with 0% corporate tax

On May 12, 2026, Bhutan's Gelephu Mindfulness City (GMC) introduced a fast-track licensing route for fintech and digital-asset firms already regulated in Singapore, Abu Dhabi Global Market, or Hong Kong. The program bundles incorporation, regulatory review, and a DK Bank corporate account into one coordinated process, while offering qualifying firms a 0% corporate tax rate and banking-fee waivers for at least six months. Separately, onchain observers reported a 100 BTC transfer to a new address, with Bhutan holding about 3119.45 BTC.