Business 31 July 2019

Bermuda authorities award a DABA license to XBTOI

Bermuda has licensed the crypto product maker in a step towards becoming a recognized crypto power.

Business 23 July 2019

Circle to move its exchange ops to Bermuda

Circle's transition to Bermuda was made possible by the issuance of a Digital Assets Business Act (DABA) license issued to Poloniex from that country.

Business 12 April 2019

Bermuda finance ministry gives green light to Velocity Ledger ICO

VHL Financial is currently in the application phase with the Bermuda Monetary Authority, and the goal is to operate a digital asset exchange in the country after the proper licenses are obtained.

Business 26 March 2019

QuadrigaCX trader put thousands on exchange hours before shutdown

One man from Toronto was looking to get a good price on his Bitcoin Core. Sadly, he did it at the worst time on the worst site.

Business 1 March 2019

Signature Bank brings banking services to Bermuda’s fintech industry

Signature Bank has agreed to provide a full range of banking services to crypto and fintech startups, as well as already existing 66 businesses in the industry.

Business 2 January 2019

Bermuda making progress on crypto rules

Getting things together before the end of 2018, the Bermuda Monetary Authority (BMA) was able to release (in pdf) draft legislation of its Code of Practice for Digital Asset Custody for rebiew.

Business 4 July 2018

Bermuda wants new class of banks for blockchain, fintech companies

The government of Bermuda is making amendments to its Banking Act, which will pave the way for a new class of banks that will cater fintech and blockchain companies in the British overseas territory.

Tech 7 May 2018

Bermuda ‘sandbox’ welcomes blockchain and cryptocurrencies next

Blockchain companies can now add Bermuda to their top choices for setting up shop.