2018-12-22 18:56 |
Bermuda’s financial watchdog BMA has released a draft code of practice for crypto custodial services
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Premier David Burt, the leader of the island nation of Bermuda, has boasted that the current situation that embattled Canadian crypto exchange QuadrigaCX finds itself would have been prevented if the exchange’s crypto keys had been kept in his country.
2019-3-26 14:18 | |
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It is only a region’s financial regulators that can make policies to encourage crypto adoption and Bermuda's government is pretty forward thinking. Bermuda is slowly turning out to be one of the top destinations for crypto startups.
2018-10-29 09:28 | |
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Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
2018-10-6 16:37 | |
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When it comes to movies, high finance doesn’t usually perform as well as the high seas. While the Pirates of the Caribbean flounced around the Bermuda Triangle and made over $4. 5bn at the box office, Michael Douglas’ Wall Street made a piddling $43.
2018-9-25 23:33 | |
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Several countries are racing to become the world capital of cryptocurrency technologies. Bermuda, Gibraltar, and Malta are now competing with France to lure cryptocurrency companies to establish headquarters in their respective capitals.
2018-8-2 06:00 | |
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In Malta the parliament has enacted three crypto bills into law, in Bermuda the authorities want to create a new type of crypto friendly banks, and in New Zealand Kim Dotcom has lost his extradition appeal.
2018-7-5 19:50 | |
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For years, blockchain and crypto companies have struggled to access banking services, even a decade after Bitcoin was invented. While cryptos have become especially popular in the last two years, the situation hasn’t changed much around the world.
2018-7-5 17:00 | |
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In today’s edition of Bitcoin in Brief we cover stories from various corners of the world. In Malta the parliament has enacted three crypto bills into law, in Bermuda the authorities want to create a new type of crypto friendly banks, and in New Zealand Kim Dotcom has lost his extradition appeal.
2018-7-5 16:20 | |
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Bermuda Interested In Creating Blockchain Centric Banks The British island territory is bidding to put its name on the map as an outlier destination for FinTech innovation, having recently passed an ICO Bill and Digital Asset Business Act to attract companies in the blockchain and virtual currency space. The upcoming amendment to the Banking Act […]
2018-7-3 22:51 | |
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The recent regulatory approval for Coinbase’s international subsidiary comes within a month of getting the NFA nod to offer crypto derivatives services to institutional clients in eligible U.S. states.
The company has been looking to expand globally and announced its international exchange in May this year.
Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."
Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USDC for tax payments