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An Australian cryptocurrency executive extradited to the United States from Bermuda has been sentenced to a year’s probation and a $150,000 fine after he admitted breaching an anti-money laundering law. Gregory Dwyer, 39, who was head of business dev...

Bermuda’s fintech sector is small but thriving under the watchful gaze of the island’s financial regulator, according to industry professionals. The Royal Gazette spoke with many of the 16 companies licensed under the Digital Asset Business Act 2...

Today’s Royal Gazette has an in-depth look at Bermuda’s efforts to add a new pillar to its economy through financial technology, cryptocurrencies and blockchain, the underlying technology for digital coins. Five years after Bermuda’s fintech revoluti...

If the past few months in the crypto industry have highlighted anything, it would be the strength and vigour needed by a country’s regulator to not only develop meaningful policy, but to have the expertise and fortitude to supervise the complex activ...

In December 2020, the Bahamas passed the Digital Assets and Registered Exchanges Act (Dare). According to the securities regulator, Dare was supposed to “put in place the legal framework for a vital, well-regulated and compliant industry in the Baham...

Simply Business LLC, a Boston-based digital insurance company focused on small businesses, has announced a partnership with specialty insurer Arch Insurance to offer monoline professional liability solutions to small business owners in the United Sta...

The collapse of FTX, the Bahamas-headquartered crypto currency exchange, highlights the importance of effective corporate governance, including in the insurance industry, a leading credit ratings agency has said in a commentary. In Corporate Governan...

Relm Insurance Ltd, the Bermudian-based specialty insurer, has revealed that it provides insurance coverage to the US and Australian entities of FTX, the crypto currency exchange that collapsed last month. Bahamas-headquartered FTX Trading Ltd, which...

An order may be sought from the Bermuda Supreme Court over a plan by troubled crypto lender, BlockFi, to pay creditor money back and exit Chapter 11 bankruptcy protection, The Coin Republic has reported. BlockFi International Ltd., BlockFi’s Bermuda ...

CrossTower, the global crypto currency trading platform with an office in Bermuda, has agreed to acquire Bequant, a leading prime brokerage and digital asset exchange, for an undisclosed amount. The organisation also announced the launch of the first...

The collapse of Bahamas-based crypto trading platform FTX Trading Ltd has begun to have a direct impact on the fintech sector in Bermuda. BlockFi International Ltd, the Bermudian incorporated company licensed to conduct digital asset business by the ...