On Thursday, DK Bank, Bhutan’s fully digital bank, announced it had secured preliminary regulatory approval to establish a financial services presence in Abu Dhabi, United Arab Emirates. The development marks another step in the bank’s international ambitions, positioning Bhutan’s Gelephu Mindfulness City (GMC) to forge stronger ties with global financial institutions and investors.
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UK crypto tax reporting is set to widen through CARF, while proposed HMRC powers could increase domestic data access without being final law. The post Is the UK Becoming One of the World’s Most Hostile Crypto Tax Jurisdictions? appeared fi…
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The US government moved 9,261 Bitcoin to Coinbase Prime, including 2,456 BTC in newly discovered funds pointing to federal law enforcement seizures.
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A draft bill would exempt the first €500 of annual gains, as crypto tax rates across Europe run from Cyprus's 8% to Italy's 33%.
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A joint French-U.S. law enforcement operation shut down a platform selling stolen intimate images of women and underage girls. Authorities also seized over $783,000 in crypto assets, including bitcoin. Crypto-Driven Financial Scheme French…