Bermuda government to accept taxes in USDC stablecoin

USDC	2019-10-16 19:56

Based on the latest report by Circle, Bermuda became the first government to accept payments for taxes, fees and other government services using stablecoin, USD Coin (USDC). The acceptance of USD-backed cryptocurrency is a result of Bermuda’s efforts into supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services.

The announcement highlighted, […]

The post Bermuda government to accept taxes in USDC stablecoin appeared first on AMBCrypto.

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Источник: ambcrypto.com

government bermuda → Результатов: 24

Bermuda Becomes 1st National Government to Accept Tax Payments in USDC Stablecoin

Today, Bermuda became the first government to accept payments for taxes, fees and other government services using USD Coin (USDC). Announced as part of a broader initiative from the Bermuda government aimed at supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services, this is a major

2019-10-16 16:13
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Bermuda Becomes First Gov’t to Accept Tax Payments in USDC Stablecoin

Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USDC for tax payments

2019-10-16 14:33
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Bermuda Now Accepts USDC Crypto for Taxes and Government Services

Bermuda announced Wednesday it will accept payments in the USDC stablecoin "for taxes, fees and other government services."

2019-10-16 14:30	USDC
government services bermuda taxes usdc payments fees

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Jeremy Allaire’s Circle off to Bermuda, Indian government panel on cryptocurrencies and more

Crypto News – 23 July – Jeremy Allaire’s Circle off to Bermuda, Indian government panel on cryptocurrencies and more Don’t forget to follow us for our daily videos pic. twitter.

2019-7-23 19:00	ripple
jeremy cryptocurrencies july off panel allaire bermuda

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Circle Expands to Bermuda, Praises Pro-Crypto Island Government

Circle announced today that it will be expanding its regulated services to Bermuda, using its new position in the island nation to service its global audience. Circle cited Bermuda’s pro-crypto regulatory environment as a primary motivation for expanding to the island nation.

2019-7-22 22:15
bermuda island circle pro-crypto nation expands government

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Bermuda Government Approves Velocity Ledger ICO

A Bermuda-based technology company has just announced its initial coin offering, with the official blessing of the local government. Velocity Ledger Holdings Limited, a Software as a Service (SaaS) company based in Hamilton, has been approved by the Ministry of Finance to launch the tokensale, the company said in a press release.

2019-4-11 13:00	World Regulation
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Premier Of Bermuda: QuadrigaCX Like-Situation Would Never Happened If Based Out Of Bermuda

David Burt, the Premier of Bermuda recently sat down for an interview for “Balancing the Ledger” where he spoke in lengths about Bermuda’s existing crypto regulations. The current government of Bermuda was elected in 2017 and had taken up the task to identify new opportunities for economic diversification and seek local and overseas investment. The […]

2019-3-26 17:38	News
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Bermuda Rolls Out The Red Carpet For First-Ever Licensed Crypto Exchange, Omega One And Omega Dark Pool

The Government Of Bermuda Has Granted Omega One The Very First Crypto Exchange License The Omega One is a company that has started creating the off-exchange venue in the crypto assets plus the infrastructure in the capital markets.

2019-3-22 01:46	News
omega one crypto exchange dark bermuda company

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Government of Bermuda grants Omega One first cryptocurrency exchange license

CryptoNinjas Omega One, a company creating an off-exchange venue in crypto assets and capital market infrastructure, today announced the official launch of Omega Dark, an institutionally-focused dark pool in the digital asset marketplace.

2019-3-21 01:53
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America’s Signature Bank to Offer Services to Bermuda Crypto Companies

U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the gap left by local banks, which have been reluctant to […] The post America’s Signature Bank to Offer Services to Bermuda Crypto Companies appeared first on Bitcoin News.

2019-3-2 06:40
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Signature Bank of New York to Open Up Banking Services for Bermuda’s Cryptocurrency Businesses

Signature Bank of New York is set to provide banking services to some cryptocurrency start-ups and other financial technology (fintech) companies in the Caribbean island of Bermuda. The island’s government officially announced the news through a Thursday press release.

2019-3-1 19:29	News
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A New York Bank is Opening Accounts for Bermuda’s Crypto Startups

Cryptocurrency startups in Bermuda can now open bank accounts in New York. In a press release published Thursday, the Government of Bermuda announced that it is partnering with New York-based Signature Bank.

2019-3-2 16:03
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets

On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets.

2018-11-21 01:44	Op-ed
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Beautiful Island Of Bermuda Encourages Crypto Business Adoption By Their Government

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	News
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US-Based Company Becomes First to Get Cryptocurrency ICO Approval from Bermuda

A fintech company based in the United States has become the first company to get approval from the Bermuda government to launch a cryptocurrency ICO. A New Era for Bermuda A US-based fintech company, Uulala, created a milestone by becoming the first company to gain ICO approval from the Bermuda government.

2018-10-20 00:58
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies

As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies.

2018-8-23 23:03	Op-ed
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Bermuda Introduces New ICO Regulations

Bermuda’s government has brought forward new regulations on Initial Coin Offerings (ICOs).

2018-7-17 14:03	News
bermuda new regulations icos coin forward offerings

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Bermuda Government to Introduce New Regulations on ICOs, Address ‘Legal Ambiguity’

Government of Bermuda introduces ICO regulations that require issuers to provide detailed data to conduct an ICO

2018-7-14 03:11	Adoption
ico bermuda regulations government issuers require data

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Fintech Growth in Bermuda, Thanks to Change in Financial Institution Rules

Thanks to amendments that the government plans to make to the Banking Act, Bermuda is to become a new destination for fintech innovation. As it has been announced, the Government of Bermuda plans to make amendments to the Banking Act.

2018-7-5 19:36
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Bermuda To Amend Banking Laws Fostering Fintech Growth

Thanks to amendments that the government plans to make to the Banking Act, Bermuda is to become a new destination for fintech innovation. The post Bermuda To Amend Banking Laws Fostering Fintech Growth appeared first on CoinSpeaker.

2018-7-5 16:24	#fintech
bermuda fintech banking laws fostering growth amend

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New Class of Bank for Blockchain and FinTech Planned by Bermuda

Government of Bermuda will amend Banks and Deposit Companies Act to allow innovation in the industry.

2018-7-4 18:23	News
bermuda act industry companies deposit allow innovation

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Government of Bermuda Becomes a Crypto-friendly Nation With Their ICO Bill

The Bermuda Government, recently, passed a Digital Asset Business Act and an ICO Bill. The Government felt compelled to make changes to their Banking Act because they wanted to create a new class of banks that could work with emerging FinTech, cryptocurrency and blockchain startups.

2018-7-4 17:34	ICO
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Bermuda to build a new class to serve Bermuda and Blackhunshi companies

The Government of Bermuda has announced plans to make amendments to the Banking Act in order to establish a new class of bank to render services to local fintech and blockchain organizations, Finextra reported July 2.

2018-7-3 09:00
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Circle looks to Binance to help USDC catch up with Tether in stablecoin adoption

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Coinbase adds Apple Pay to onramp for easier crypto access

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2019-10-16 19:56

government bermuda → Результатов: 24

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