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Bermudian-licensed fintech companies finally have an option for US banking services. Signature Bank, a New York-based full-service commercial bank, will aim to fill the void left by local banks who have shied away from the fledgeling sector. David Bu...

A company that has been approved to offer the second token under Bermuda’s Initial Coin Offering Act, is aiming to raise $45 million during the next 12 months. That funding will be used to complete the development of a digital advertising marketplace...

An American technology company has launched a platform designed to provide liquidity for a planned digital-asset exchange in Bermuda. Fundamental Interactions Inc’s product allows an automated market maker to refactor quote feeds from an active exter...

Bermuda’s electronic communications and electricity sectors are to be guided by two new sets of standards designed to protect consumers, the Regulatory Authority of Bermuda has announced. The standards, which are subject to consultation, are the Prin...

Plans for a fintech hub appeared to have taken a step backwards yesterday after a Cabinet minister said money set aside for the project would be spent elsewhere. The third floor of a Hamilton building was due to be transformed into an “incubator” for...

One Communications has accused the telecoms industry watchdog of a lack of openness because it has failed to show the public how it spends its money. The firm wrote to the Regulatory Authority of Bermuda to outline a string of complaints in response ...

“Everyone is entitled to his own opinion, but not his own facts.” — Daniel Patrick Moynihan In a world where information is at our fingertips, we battle against false claims nearly as much as we work to educate ourselves. I’m not — nor do I claim to...

TribeOS Ltd has announced a security token offering in Bermuda — the second token to be approved under the island’s new cryptocurrency regulations. It is also the first security token offering, or STO, under the Initial Coin Offering Act. The compan...

Stock analyst Ronnie Moas has agreed to a permanent injunction that restrains him from committing any acts of cyberstalking against three of the leading people involved in Arbitrade. The stipulated order at the Miami-Dade County Civil Court states t...

Nine Bermudians have secured full-time employment as cable splicers after successfully completing a three-year apprenticeship programme at the Bermuda Telephone Company. Teko Bean, Warren Bean, Giniko Butterfield, Staphen Dill, Davon Gibbs, Kumar Gra...

A cautionary tale highlighting the pitfalls that can hit a cryptocurrency exchange has emerged in Canada. The country’s largest cryptocurrency exchange, QuadrigaCX, owes its customers about $190 million in cryptocurrency and cash. It is thought that...

An announcement on the introduction of fintech-friendly banking in Bermuda is expected this month. David Burt said such a facility was one of the “final pieces of the puzzle”, referring to the Bermuda Government’s efforts to make the island a leading...