Sophia Network News

Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence

Bitcoin Magazine Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence El Salvador — often called Bitcoin country —continues to refine its immigration framework to draw high-value foreign talent and capital, including families. Decreto 531, effective March 31, 2026, reduced the physical presence requirement for […]

U.S. Charges Two Men for $389 Million Bitcoin and Crypto Money Laundering Scheme Tied to Dark Web

Bitcoin Magazine U.S. Charges Two Men for $389 Million Bitcoin and Crypto Money Laundering Scheme Tied to Dark Web Federal prosecutors in Philadelphia charged two men Wednesday with running an international bitcoin and crypto money laundering operation that processed nearly $400 million in illicit funds over five years, part of a sweeping multinational law enforcement […]

BitGo Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network

Bitcoin Magazine BitGo Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network BitGo, an OCC-regulated digital asset trust bank, has introduced Lightning Earn, a new product that allows corporate bitcoin treasury companies and institutional allocators to deploy their bitcoin as liquidity on the Lightning Network and earn bitcoin-denominated routing fees. The […]

Hungary Backs Away From Bitcoin and Crypto Criminalization in Regulatory U-Turn

Bitcoin Magazine Hungary Backs Away From Bitcoin and Crypto Criminalization in Regulatory U-Turn Hungary is dismantling the restrictive digital asset framework introduced under former Prime Minister Viktor Orbán, a policy overhaul that will decriminalize crypto trading and eliminate the prison sentences that had driven major platforms from the country, government spokesperson Anita Kobol said Thursday, […]

Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization

Bitcoin Magazine Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization Nakamoto Inc. (Nasdaq: NAKA), a Nashville-based Bitcoin operating company, announced today a set of capital structure initiatives that include a $45 million debt reduction, a loan refinancing with extended maturities, and a $25 million share repurchase authorization. Shares of NAKA […]

Public Companies Added 43,557 BTC in May as SpaceX Enters Bitcoin Treasury Race

Bitcoin Magazine Public Companies Added 43,557 BTC in May as SpaceX Enters Bitcoin Treasury Race Public Bitcoin treasury holdings posted another strong month in May, with companies across sectors adding or disclosing 51,045 BTC before sales, or 43,557 BTC net, according to BitcoinTreasuries.net’s May 2026 Corporate Adoption Report. At the May 31 price of $73,579.69 […]