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Bermuda
‘Crypto CAT Bonds’ – A Killer App for Digital Assets?
Innovative crypto insurance could deliver a reliable interest rate-determined return to crypto investors, while helping close the reinsurance funding gap with tens of billions of dollars worth of tokens now being staked.
Luna Only Makes Bermuda Love Stablecoins More
Digital assets are the future, Bermuda Premier David Burt said during the Consensus 2022 conference. He’s not worried about his country being shut out by jurisdictions like the EU.
Bermudian Premier on Crypto Regulation
Bermuda-based Jewel Bank received its full bank and digital asset business licenses from the Bermuda Monetary Authority (BMA), becoming the island nation’s first digital asset bank. Jewel plans to issue a USD-backed stablecoin and has plans for other single fiat currencies. Premier and Minister of Finance of Bermuda David Burt shares insights into what this means for crypto regulation in Bermuda and the world.
Bermuda's Crypto Companies Are Launching an Industry Association
Bermuda’s Premier David Burt announced the creation of the association during a panel at Consensus 2022 in Austin, Texas.
Jewel Bank Approved as Bermuda's First Digital Asset Bank as Premier Burt Readies to Take Nation Into Stablecoins
The Bermuda Monetary Authority (BMA) issued full-bank and digital asset business licenses to Jewel, which plans to issue a USD stablecoin and other single fiat currencies.
Proposed Bank Jewel Wants to Become a Global Stablecoin Issuer, With Bermuda’s OK
The bank submitted an application for a combined banking and digital asset license earlier this year.
BitMEX’s First Employee Agrees to Be Extradited to US to Face Money Laundering Charges
Gregory Dwyer, BitMEX’s first employee, has consented to be sent to the U.S., pending Bermuda’s approval.
Is the Crypto Market Still Bullish?
Philippe Bekhazi of XBTO Group, provides an update on the crypto markets, including whether recent dips in BTC prices indicate a reversal of the bull market, the impact of CBDCs on the crypto market and a developing program in Bermuda to create a stablecoin-based stimulus package.
Bermuda to Pilot Digital Dollar for Rum Sales
The pilot is the latest development in Bermuda’s plan to create a comprehensive crypto payments system.
