[Bhutan's Gyalpozhing Smart City Launches Fast-Track Licensing Channel for Crypto Enterprises] According to Deep Tide TechFlow on May 12, The Block reported that Bhutan's Gyalpozhing Smart City (GMC), a special administrative region, has officially launched an accelerated licensing program for globally regulated digital asset enterprises. Companies holding licenses from major financial hubs such as Singapore, Abu Dhabi Global Market (ADGM), and Hong Kong can benefit from an integrated process for regulatory approval and bank account setup, significantly reducing the time required for establishment. Through DK Bank, enterprises can directly obtain corporate bank accounts. In terms of taxation, GMC offers zero corporate tax (applicable to priority industries), zero capital gains tax, zero dividend tax, and zero inheritance tax, with foreign investment tax exemptions extended until 2030.