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, the digital asset exchange Kraken, and the University of Wyoming Centre for Blockchain and Digital Innovation.

The Premier was invited by the chief executive of SALT, with the event hosts covering the cost of his stay.

Conference organisers say the symposium is designed to drive forward-thinking in digital assets regulation; create a more decentralised, 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 3, 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 industry leaders and lawmakers, including United States senator Cynthia Lummis.

Mr Burt said: “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.”