Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin
The JUSD stablecoin will allow real-time settlements for institutional investors in the territory. Go to Source Powered by WPeMatico
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Bermuda confirms crypto hub ambitions despite market downturn
“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s minister of economy and labor, Jason Hayward. Go to Source Powered by WPeMatico
Multi-asset exchange wins crypto trading license in Bermuda
Bermuda Premier David Burt said that 24 Exchange’s regulatory approval is the “first license of its kind to be issued in Bermuda.” Go to Source Powered by WPeMatico
Institutionalize crypto markets now: There must be compliance controls
Digital asset markets are subject to various regulations worldwide, but which are the most suitable for the crypto space at the moment? Go to Source Powered by WPeMatico
Bittrex Global gets cleared to run crypto exchange from Bermuda
Bermuda continues to welcome fresh wave of crypto exchanges on the island. Go to Source Powered by WPeMatico
Bermuda hopes to jumpstart their economy with new ‘stimulus token’
The island continues to work toward full crypto adoption. Go to Source Powered by WPeMatico
Relm Launches Insurance Coverage for Cryptocurrency and Cannabis Groups in Tough Regulatory Climate
Bermuda-based insurance company Relm has announced an official launch of operations, issuing a press statement March 3, stating the group will “focus on digital asset (cryptocurrency) enterprises and cannabis and hemp related businesses.” The business, owned by Deltec International Group, a Nassau private financial services provider founded in 1959, currently offers five basic products for … Read more
Bermuda Premier: Cryptocurrency a Great Equalizer Against Big Tech
The Premier of Bermuda has characterized fintech innovation as a national strategic imperative Go to Source Powered by WPeMatico
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 Go to Source Powered by WPeMatico
BitMEX to Limit Access From Seychelles, Hong Kong and Bermuda
Users from Seychelles, Hong Kong and Bermuda will not be able to access major crypto exchange BitMEX Go to Source Powered by WPeMatico
