Premier Meets With Bitlumens, BitMex, Ovis

July 1, 2018 | 7 Comments

Premier and Minister of Finance David Burt continues to meet with fintech companies, with the Premier recently tweeting about meetings with BitMex, Bitlumens and Turkey based Ovis Communications.

The Premier tweeted, “Welcomed a delegation from Turkey based Ovis Communications to the Cabinet Office. Ovis runs one of Europe’s largest digital asset exchanges, and is looking to establish an office in Bermuda.”

Premier David Burt on Twitter 11

In another tweet, with the photo below, Premier Burt said, “Earlier today I welcomed BitMexdotcom Co-Founder & CEO, Arthur Hayes to Bermuda. He met our fintech team to learn more about our digital asset regulation, with a view to establishing a BitMEX office in Bermuda.”

Premier David Burt on Twitter 12

Another tweet said, “Deputy Premier Walter Roban and I met with Daniel Heller of Bitlumens at the Cabinet office to discuss how blockchain can assist in increasing the adoption of renewable energy while reducing our high energy costs.”

Premier David Burt on Twitter 03

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Comments (7)

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  1. Family Man says:

    A Bit of a busy day.

  2. sandgrownan says:

    “…and Turkey based Ovis Communications…”

    Turkey – that bastion of regulation and extreme right politics. Nice.

  3. Jeez says:

    When it hits the fan let’s remember who the biggest cheerleader in Bermuda was.

  4. facts of the rock says:

    the plp are only interested in themselves and what they can get for themselves.
    Nothing will come out of any of this for the people of Bermuda

  5. redrose says:

    It is starting to look distinctly like platinum ….

  6. Malachi says:

    Just did some Googling of Bitmex. While I have only a basic understanding of virtual currencies and block-chain technology, the following link provides some interesting views on the stability and or integrity of the currency:

    https://twitter.com/bitmexdotcom/status/933621239347691520?lang=en

    • Alan says:

      I followed your lead and did some Googling too. Frankly, it looks very suspect. Where is the BMA in all this? If BitMEX was a firm attempting to set up shop using traditional money and securities, there would be a lot more due diligence going on before rolling out the red carpet.

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