Matrixport obtains a financial services license in Thimphu, Bhutan

Cryptocurrency trading platform Matrixport has secured major regulatory approval in the city of Jeongnyeom, Bhutan. Matrixport’s subsidiary, Matrix Bhutan Pte Ltd, officially obtained a Financial Services License (FSL) from the Bhutan Gyeureup Financial Services Office (GFSO), drawing attention within the blockchain industry. This marks substantial progress based on the provisional approval (IPA) received in December 2025 and is expected to signal the expansion of Matrixport’s regulated operations within Jeongnyeom City.

Recognized Financial License in Jeongnyeom City

Jeongnyeom City is a blockchain financial hub promoted by Bhutan, offering an internationally recognized regulatory framework. With this FSL license, Matrix Bhutan Pte Ltd has secured legal authority to officially provide various financial services within Jeongnyeom City and nearby areas. This regulatory approval clearly demonstrates Matrixport’s commitment to ensuring trustworthiness and transparency within the cryptocurrency industry.

Expanding Range of Financial Services

With the FSL license, Matrix Bhutan Pte Ltd can now officially operate three main financial services: currency exchange (forex), OTC trading brokerage, and custody services (asset storage and management). These services are designed to be accessible to both institutional and individual investors, significantly broadening Matrixport’s business scope. Each service will be conducted in compliance with GFSO’s regulatory standards.

Compliance-Focused Operational Strategy

Matrixport has explicitly stated its commitment to fully adhere to all regulatory requirements set by GFSO and GMC (Gyeureup Jeongnyeom City) while providing financial services within Jeongnyeom City. The company plans to focus on compliance, risk management, and transparent governance as its core operational pillars. This regulatory-friendly approach is expected to enhance trustworthiness in Jeongnyeom City and serve as a positive signal for future licensing of additional businesses.

Leap Toward Institutional Digital Financial Services

This license acquisition signifies that Matrixport has established a foundation to deliver institutional-grade digital financial services within a regulated environment in Jeongnyeom City. Moving forward, Matrixport is expected to continuously upgrade its services and develop additional financial products and services within the city. This trend reflects the global platform’s pursuit of legitimate legal status, even at the risk of regulatory challenges, in the cryptocurrency market.