Bhutan Mindfulness City partners with DK Bank to offer multi-currency accounts and Bitcoin loans

Techub News, according to CryptoBriefing, Gelephu Mindfulness City in Bhutan has partnered with DK Bank to launch a fast-track licensing channel, offering multi-currency accounts and bitcoin-backed loans to companies already regulated in leading jurisdictions, aiming to shorten the time from approval to operation for businesses.

The special economic zone aims to create a platform for financial and digital asset innovation by integrating regulatory frameworks with infrastructure. Bhutan has committed up to 10,000 bitcoins to fund the city's development, utilizing bitcoin mined from surplus hydropower to support infrastructure construction and economic resilience.