AGP Executive Report
Last update: 7 hours agoCrypto Licensing Push: Bhutan’s Gelephu Mindfulness City is moving fast on regulated digital assets—BTSE Bhutan says it has received in-principle approval to get a Financial Services License for both a virtual-asset trading platform and institutional custody, with final conditions still to be met. Bitcoin Sell-Off: At the same time, reports say Bhutan has kept selling state-held Bitcoin, moving another $8.1–$8.2 million as reserves fall and aiming for “zero BTC” by September. Royal & Parliamentary Spotlight: His Majesty The King opened the fifth session of the fourth Parliament, with renewed focus on Gelephu’s long-term vision. Spiritual Life: In Ladakh, a 14-day Holy Buddha relic exposition drew over 1.18 lakh devotees, ending alongside the Monlam Chenmo festival. Sports Grassroots: Bhutan Badminton Federation trained instructors and teachers in Tsirang to grow the sport in schools.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.