Hashtag: #Cryptocurrency

Minister: Island Can Be Home & Future Of Fintech

Minister: Island Can Be Home & Future Of Fintech

“Based upon the feedback, and outcomes from Consensus 2018, we can confidently stake our claim as the jurisdictional home and future of fintech,” Minister of National Security Wayne Caines said in the House of Assembly today [May 18] Minister Caines was providing an overview on the Bermuda delegation’s recent experience at the Consensus... Read more of this article

Bermuda Signs MOU With Shyft Network

Bermuda Signs MOU With Shyft Network

Bermuda continued to attract international attention in New York today [May 15], as Premier David Burt announced a $10-million partnership with blockchain network Shyft and addressed more than 100 lawyers at a top global firm. A Bermuda Business Development Agency [BDA] spokesperson said, “It was Day Two of attendance by a 20-strong Bermuda delegation... Read more of this article

Delegation Attend Blockchain Week In New York

Delegation Attend Blockchain Week In New York

“Bermuda’s pioneering work to regulate the global blockchain industry was praised by delegates to one of the world’s largest cryptocurrency conferences, as New York celebrates Blockchain Week,” the Bermuda Business Development [BDA] agency said.Premier and Finance Minister David Burt, accompanied by National Security Minister Wayne... Read more of this article

Video: Premier Interviewed At Ethereal Summit

Video: Premier Interviewed At Ethereal Summit

Premier David Burt was interviewed by Rob Urban from Bloomberg at the Ethereal Summit in New York, with the one hour session seeing the Premier discuss the Government’s plans regarding fintech and digital assets, as well as answering questions from some of the attendees.According to their event website, the Ethereal Summit, which was held on... Read more of this article

Column: FinTech, Blockchain, ICOs, Currencies

Column: FinTech, Blockchain, ICOs, Currencies

[Written by Chris Garrod] On November 22nd 2017, Bermuda’s Premier David Burt, held a press conference regarding the potential impact of blockchain on Bermuda’s economy. In summary, he said that the Island was going to look at blockchain opportunities as a new aspect of its overall economic plan, seeking to attract initial coin offering [ICO] and... Read more of this article

Govt To Table Digital Asset Business Act 2018

Govt To Table Digital Asset Business Act 2018

“An exciting, landmark achievement,” said Premier David Burt as the Government prepares to table the Digital Asset Business Act 2018 in the House of Assembly today. “A team of men and women from the private sector, the Public Service and the Bermuda Monetary Authority have delivered legislation that puts Bermuda in the ‘First in the... Read more of this article

MP Dunkley: ‘Hype Has Outpaced Discussion’

MP Dunkley: ‘Hype Has Outpaced Discussion’

“We want growth, opportunity and jobs for Bermudians and will support the Government with any initiatives that have the potential to do such but we will never hesitate to ask questions and raise concerns where appropriate,” Shadow Minister of National Security Michael Dunkley said, adding that the “hype” around digital currency... Read more of this article

Premier Burt: MOU Terms To Create 70 Jobs

Premier Burt: MOU Terms To Create 70 Jobs

The MOUs signed with Binance Group and Medici Ventures have terms in which they will create 40 and 30 jobs in Bermuda, Premier David Burt said today, adding that the terms with Binance also include $10 million in funding for university-level training for Bermudians in blockchain and regulatory compliance and up to $5 million investment in new Bermuda-based... Read more of this article

Abed To Serve As Digital Asset Consultant

Abed To Serve As Digital Asset Consultant

The Premier and Minister of Finance David Burt, today [May 2] announced the signing of an agreement with Mr. Gabriel Abed, Founder of BITT, Inc and the Founder of Digital Asset Fund. Mr. Abed will be a consultant and advisor to the Government of Bermuda.In making the announcement, Premier Burt stated, “Mr. Gabriel Abed, is a digital assets and blockchain... Read more of this article

Video: Premier Signs MOU With Binance

Video: Premier Signs MOU With Binance

[Updated] Premier and Minister of Finance David Burt is holding a press conference this afternoon [April 27]. We will have additional coverage later on and in the meantime the live video of Premier Burt’s press conference is below. Update 1.44pm: The Premier announced an MOU and partnership with the Binance Group, which he called the “world’s... Read more of this article

Fitch: ‘Blockchain A Potential Game Changer’

Fitch: ‘Blockchain A Potential Game Changer’

Fitch Ratings views blockchain as a “potential game-changing technology for the insurance industry over the long term,” with the ratings agency adding that “the uncertainties around this nascent technology remain pronounced.” Fitch said, “Fitch Ratings views blockchain as a potential game-changing technology for the insurance industry... Read more of this article

Minister Caines In London For Fintech Meetings

Minister Caines In London For Fintech Meetings

The Ministry of National Security advised today [Apr 16] that the Minister Wayne Caines is currently in the UK this week to share Bermuda’s Fintech Strategy with London’s key industry influencers. “The Minister’s discussions regarding Bermuda’s Fintech Strategy are considered timely as the Government recently tabled landmark legislation... Read more of this article

Regulation Of Virtual Currency Business Paper

Regulation Of Virtual Currency Business Paper

The Bermuda Monetary Authority [BMA] released a 150-page consultation paper on the ‘regulation of virtual currency business’ with the paper’s stated objective to provide outline for the e”ffective regulation of service providers within the virtual currency business industry” in Bermuda. The paper notes, “Much of... Read more of this article