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Cryptocurrency. I touched on this one word last week in which I warned of snake oil salesmen. For me I cringe every time I hear the word uttered. Why? Because once you get past the slick marketing campaigns, the media hype and self-styled investment ...

Those seeking to conduct initial coin offerings in Bermuda will be required to provide information on everyone involved with their companies, David Burt said today. The Premier told the House of Assembly regulations would also specify they must give ...

Bermuda has been invited to collaborate with Caribbean jurisdictions aiming to promote fintech. David Burt, the Premier, made a presentation on the subject to the Conference of Heads of Government of the Caribbean Community in Jamaica on Friday. Prog...

One of the great advantages Bermuda has enjoyed historically is the fact there were no wars fought on its shores, unlike most other countries. Unless we count the single cannon ball fired from Gates Fort in St George’s at a Spanish rowing boat. We d...

Bermuda College is “heavily involved” in discussions with the Government on financial technology education, the college president said yesterday. Duranda Greene added that she and two other college staff were part of a task force set up to look at fi...

Senators have backed legislation to create a financial technology development fund. Vance Campbell, a Progressive Labour Party senator, said that the Government was “determined to cultivate local and overseas investment” through the development of t...

“A new class of bank” is to come to Bermuda, the Premier told the House of Assembly yesterday. David Burt, who is also Minister of Finance, said that legislation on the way would create new services to cater to Bermuda-based fintech companies. Mr Bur...

The Premier today announced the signing of another memorandum of understanding designed to build Bermuda’s financial technology industry. David Burt said the agreement involves B-Seed Partners, FinHigh Capital, a South Korean fintech firm, as well as...

Much has been written, and rightly so, about Britain’s misguided move to compel its Caribbean and Bermudian territories to open company registers, as the mother ship itself has done. I have worked in three of the affected domiciles and my work expose...

Bermuda’s bid to attract digital currency business sparked conflict in the House of Assembly last Friday. Michael Dunkley, of the One Bermuda Alliance, said his questions to the Government over the speed of its adoption of blockchain technology remai...

Legislation designed to regulate cryptocurrency initial coin offerings was passed this week by the Senate. Andrew Simons, OBA senator, suggested that the legislation was rushed and did not do enough to protect consumers. However Vance Campbell, the J...

The House of Assembly passed fintech legislation last night, despite reservations from the Opposition. The Companies and Limited Liability Company (Initial Coin Offering) Act is expected to create a regulatory framework for digital coin offerings on ...