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OxPay Unit Gets Bhutan Licence for Crypto Payments, Stablecoin Remittances

OxPay Financial has secured a Financial Services Licence (FSL) in Bhutan for its wholly owned Oxygen7 subsidiary, which plans to launch a regulated crypto payment platform in 2026. The licence was granted by the Gelephu Financial Services Office, after Oxygen7 met the conditions tied to its November 2025 in-principle approval. It allows Oxygen7 to provide merchant payment and business remittance services to companies in Gelephu Mindfulness City …
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Fintech Singapore broke the news on Monday, May 4, 2026.
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