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A leading American securities official says her country can learn from the approaches taken in Bermuda and other jurisdictions concerning the regulation of cryptocurrencies. Speaking at a convergence forum hosted by the Singapore University of Social...

Arbitrade Ltd has terminated its gold trading agreements with Sion Trading FZE and divested itself of all interests in the gold which was provided to it by Sion under the agreements. The Bermudian-registered company has also stated it never assumed a...

Arbitrade’s chief operating officer Stephen Braverman has left the company and is leading a new business that owns the crypto tokens once controlled by Arbitrade. Separately, a gold company in the US said it stopped doing business with Sion Trading F...

The founder and chief executive officer of a fintech firm that is to set up on the island has told a US Senate Banking Committee that the regulatory approach taken by the Bermuda Government “can and should be emulated by other countries”. Jeremy Alla...

One Communications Ltd has reported net income of $7.7 million for the first six months of 2019, an increase of $500,000 year-on-year. The telecommunications holding company, with operations in Bermuda and the Cayman Islands, had shareholders’ equity...

Bermudian-based digital asset trading company XBTO International Ltd (Bermuda) has become the third firm to be granted a licence under the island’s Digital Asset Business Act. XBTOI, a licensee of XBTO Group, is a digital asset provider offering best...

Technology incubator ConnecTech is to offer a two-day mobile app development boot camp on Monday and Tuesday next week. The course, which runs each day from 9am until 4pm, will be led by software development expert Jayper Sanchez, who works with Conn...

Fintech firm Circle is to set up shop in Bermuda with the creation of more than 30 new jobs in the next two years. And the US-based firm said its Bermuda operation would be the springboard for a worldwide drive to secure a major chunk of a global cry...

Two investors have agreed to plough new capital into DigiCert, the owner of Bermudian-founded digital security firm QuoVadis. Clearlake Capital Group, LP, a leading private investment firm, and TA Associates, an existing investor and leading global g...

Financial technology services have become mainstream and can be expected to proliferate and mature in the coming years. Research by EY shows that money transfer and payments were the most commonly used fintech services, with others including savings ...

Arbitrade’s future plans in Bermuda are a mystery after its website was cleared of information. It is a year since Arbitrade announced plans to create a “world-class cryptocurrency exchange and coin company” in Bermuda, training Bermudians and eventu...

If you’re a gamer then you might be impressed to learn that Bermudian Harrison Pink has helped design games such as Telltale’s The Walking Dead and Tales from the Borderlands series, and Hangar 13’s Mafia III. If you’re not a gamer, suffice it to say...