Premier David Burt Attending Consensus 2026
Premier David Burt is in Miami to lead a Bermuda delegation at Consensus 2026, with the Premier saying “Bermuda’s continued presence underscores our commitment to building the world’s first fully on-chain national economy.”
A Government spokesperson said, “The Premier and Minister of Finance of Bermuda, the Hon. David Burt, JP, MP, will travel to Miami, Florida, from May 5 – 7, 2026, to lead a Bermuda delegation to Consensus 2026, the world’s largest and most influential annual gathering for the digital assets and blockchain industry, organised by CoinDesk.
“The delegation will include officers from the Government of Bermuda and representatives from the Bermuda Monetary Authority [BMA], the Bermuda Business Development Agency [BDA], and Bermuda-based firms.
“Bermuda’s participation in Consensus is an opportunity to strengthen Bermuda’s position as the leading jurisdiction for regulated digital assets and financial innovation – just as Bermuda is recognised for leadership in insurance. The conference brings together more than 20,000 attendees from over 100 countries, including institutional investors, business executives, financial regulators, and government officials, offering global visibility and direct engagement with the ecosystem shaping the future of digital finance.
“Bermuda has a long-standing relationship with the Consensus conference and the BDA has been a sponsor since 2018, where the Premier first announced Bermuda’s Digital Asset Business Act [DABA]. During Consensus, Premier Burt will participate in a fireside chat with Paul Grewal, Chief Legal Officer of Coinbase. The session will highlight the partnership between Coinbase and the Government of Bermuda, progress on the island’s on-chain economy initiative, and how the “Bermuda Triangle” model of government-regulator-industry collaboration has created a blueprint for responsible digital finance regulation.
“The Premier will meet with other major partners, including Stellar, Kraken, and Franklin Templeton, in addition to holding meetings with digital finance companies exploring DABA licensing, institutional operators evaluating Bermuda for fund domiciliation, tokenisation, or stablecoin-related activities.
“In addition the Premier will speak at the ‘Bermuda Reception’ hosted by the BDA, bringing together industry leaders across the digital assets sector.”
Commenting on the visit, Premier Burt stated, “Consensus is the industry’s most important annual gathering, and Bermuda’s continued presence underscores our commitment to building the world’s first fully on-chain national economy.
“Since announcing this initiative at Davos in January, we have been working closely with leading digital asset companies, including Circle and Coinbase, to help us execute this vision. Miami provides an opportunity to deepen these partnerships and bring more digital finance companies to Bermuda.”
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Hackers will love this “on-chain national economy!” If people, mostly seniors in Bermuda, are being taken big time today by scammers with today’s technology, just wait for this whale to roll out.
When hackers bring down the Internet and hold an island country for ransom, or hack whoever is processing the transactions, who would say an on-chain (cashless) economy is a good thing?
Mr. Big picks the best partners to work with. LOL. Took me minutes to find this info.
The Government of Bermuda Announces Plans to be the World’s First Fully Onchain National Economy with support from Circle and Coinbase – 19 January, 2026
Davos, Switzerland: Today at the World Economic Forum Annual Meeting, the Government of Bermuda announced their plans to transform Bermuda into the world’s first fully onchain national economy with support from Circle and Coinbase.
I suspect none of the following will come up in any “fireside chats.”
CoPilot: Coinbase is currently facing multiple lawsuits related to a significant data breach that exposed sensitive customer information, leading to allegations of negligence and poor security practices.
Background of the Lawsuits
In May 2025, Coinbase disclosed a major data breach that compromised the personal information of nearly 70,000 customers. The breach was reportedly facilitated by cybercriminals who bribed overseas support agents to access sensitive data, including names, Social Security numbers, bank details, and transaction histories. Following this incident, at least six class-action lawsuits were filed against the company, with plaintiffs accusing Coinbase of failing to implement adequate security measures and responding inadequately to the breach.
Legal and Financial Implications
Coinbase estimates that the financial impact of the breach could range between $180 million and $400 million. The company is also facing scrutiny from regulatory bodies, including the SEC, over its handling of user data and disclosures. In response to the breach, Coinbase has offered to reimburse affected customers and provide one year of free credit monitoring and identity protection services.
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Why Circle is Being Sued by a Huge Class-Action Lawsuit Over the Drift Protocol Hack By Aryad Satriawan April 28, 2026 Biztech
For a long time, the decentralised finance (DeFi) ecosystem has followed a rigorous set of rules: code is law, and transactions can’t be changed. But when smart contracts break and nine-figure hacks happen, the victims always go to the centralised organisations that keep the infrastructure running. Circle, the company that issues the USD Coin (USDC) stablecoin, is now at the center of a major legal struggle over its duty of care during one of the biggest hacks of 2026.
A group of angry investors has filed a class-action lawsuit against Circle after the Solana-based trading platform Drift Protocol was hacked for $280 million on April 1. The plaintiffs say that the stablecoin issuer was grossly negligent because they had the technical power to freeze the stolen money yet did nothing while hundreds of millions of dollars were being laundered.
Can I get a Hallalula for an on-chain economy? Let’s make it easier for thieves to steal our money. Hallalula, brothers and sisters, Hallalula!