Premier attends Wyoming blockchain symposium
David Burt, the Premier and Minister of Finance, is in Wyoming, speaking at a digital finance conference, the Wyoming Blockchain Symposium, an invitation-only event bringing together “250 leading policymakers, investors, and innovators” in the digital asset industry.
The event was launched through a partnership between global investment platform SALT, a leading digital asset exchange, Kraken, and the University of Wyoming Centre for Blockchain and Digital Innovation.
The Premier was invited by the CEO of SALT, with the event hosts covering the cost of his stay.
Conference organisers say the event is designed to drive forward-thinking in digital assets regulation; create a more decentralized, rather than centrally-planned, global financial system; and, drive greater institutional understanding and adoption of blockchain infrastructure.
The Premier is the main speaker in a featured discussion on Day three, entitled “Digital Assets in Bermuda: a Conversation with Premier David Burt”, where he will share insights into Bermuda’s progressive approach to digital finance regulation.
The Premier will also meet with industry leaders and lawmakers, including United States Senator Cynthia Lummis.
Mr Burt commented: “Bermuda has long been at the forefront of innovation in digital finance, and our commitment to sound regulation has made us a trusted jurisdiction for high-quality global businesses.
“Our presence at the Wyoming Blockchain Symposium will allow us to reinforce Bermuda’s role in shaping the future of digital finance.
“Previous engagements have successfully attracted industry leaders like Coinbase and XBTO to our ecosystem, providing jobs, economic diversification and demonstrating confidence in what Bermuda offers.
“This visit also continues the collaborative relationship between Bermuda and the state of Wyoming in the digital asset sector.
“In 2021, the Bermuda Monetary Authority and the Wyoming Division of Banking established a Digital Assets Memorandum of Understanding, creating a regulatory bridge between our jurisdictions.”
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