Bittreo Plan To ‘Move Operations’ to Bermuda

January 9, 2019

Premier David Burt welcomed Malcolm Weed and Yum Kasukawa of digital asset company Bittreo to the Cabinet Office to “hear their plans to move their operations to Bermuda.”

Premier Burt tweeted the photos below, saying: “Yesterday I welcomed Malcolm Weed and Yum Kasukawa, co-founders of Bittreo to the Cabinet Office to hear their plans to move their operations to Bermuda.”

Malcolm Weed of Bittreo then tweeted, “Thank you to Bermuda and to Premier David Burt for being great hosts. We had a great meeting around the current Fintech legislation on the island and how Bittreo’s roadmap can fit into it as 2019 unfolds. We look forward to a close working relationship.”

According to their website, “Bittreo provides financial services and products for digital assets. Founded in 2017, Bittreo originally launched as ‘Vancouver Bitcoin’, a retail cryptocurrency brokerage located in Vancouver, BC. Today, Bittreo offers a variety of products and services making investing in digital assets easier than ever.”

Premier David Burt Bermuda January 2019 (1)

Premier David Burt Bermuda January 2019 (2)

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Comments (8)

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  1. dawn DeRerd says:

    Good! Now we need another 500 or so more …!

  2. Thunk says:

    What’s he doing making announcements like this when the company is not incorporated here, nor approved by the BMA? It puts undue political pressure on our corporate registration processes. Has he not learned from the sketchy David Burt Arbitrade fiasco?

  3. Family Man says:

    Wasn’t the Premier offered a pair of matching, action figure pants?

  4. DeOnion says:

    Now please, please tell us what you are doing regarding the EU substance act! Why is the Premier so quiet on this?!

    • mixitup says:

      I swear the Gov’t had addressed this Mid December in parliament.

    • trump supporter says:

      you need to ask the the consultants they just paid all that money to.

  5. eyes wide open says:

    another post office box company for Bermuda.

  6. watching says:

    The Premier and the Min of Finance have addressed this. Cannonier just trying to stay relevant.