Regulation· ★★· neutral·

Bhutan's DK Bank Gets ADGM In-Principle Approval for Abu Dhabi Expansion

  • —DK Bank secured In-Principle Approval from ADGM's FSRA for an Abu Dhabi subsidiary
  • —Planned services include custody, payments, brokerage and advisory
  • —The approval is not final; DK must meet IPA conditions to obtain a license
  • —In April 2025 GFSO and ADGM FSRA signed a regulatory cooperation MoU
Why it matters: Expands regulated crypto infrastructure in Abu Dhabi and links Gelephu Mindfulness City to global capital.
Source: BlockchainReporter
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