Gelephu Financial Services Office (GFSO) grants In-Principle Approval to Matrixport for operations in Bhutan

Exam-focused facts from the 3 February 2026 current affairs briefing.

Key facts

Matrix Bhutan Pte Ltd, an entity of Matrixport, has received In-Principle Approval (IPA) from the Gelephu Financial Services Office (GFSO) to operate regulated financial services.
The approval permits the entity to operate within or from Gelephu Mindfulness City (GMC) in Bhutan.
Subject to final regulatory conditions, the licence will allow Matrix Bhutan Pte Ltd to provide money services, deal in investments as matched principal, and provide custody services.
Matrixport plans to contribute to a proposed Center of Excellence (CoE) in GMC to strengthen compliance capabilities and upskill local Bhutanese talent.
Matrixport is a digital asset financial services unicorn valued at over US$1 billion, managing more than US$7 billion in assets globally.
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