The Maldives Bets Big on Crypto: An $8.8 Billion Financial Hub in Paradise | by The Renegades | The Capital | May, 2025

The Maldives Bets Big on Crypto: An .8 Billion Financial Hub in Paradise | by The Renegades | The Capital | May, 2025


Photo by Colin Watts on Unsplash

In a bold move to diversify its tourism-dependent economy and stake its claim in the digital financial frontier, the Maldives has announced plans to develop an $8.8 billion financial hub focused on blockchain and digital assets.

According to Bloomberg, the proposed center will be a free economic zone offering a suite of highly attractive benefits to global investors and crypto entrepreneurs alike:

Photo by Austin Distel on Unsplash

Zero corporate taxes

No residency requirements

Inheritance tax breaks

This initiative is more than just another economic free zone it’s a clear signal that the Maldives is vying to become the next crypto paradise. And it’s not hard to see why.

From Tropical Getaway to Global Finance Gateway

Traditionally known for its pristine beaches, overwater villas, and high-end tourism, the Maldives is now positioning itself at the intersection of luxury and financial…



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