2020-10-2 20:08 |
Bermuda continues to welcome afresh wave of crypto exchanges on the island.
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Bermuda is the latest country that wishes to be in the forefront when it comes to crypto and its regulations. It is now set to develop an extensive and comprehensive crypto regulatory framework. Through maintaining this transparency, Bermuda is attempting to attract more cryptocurrency related projects, and companies who are enthusiasts in this particular field. […]
2022-6-5 04:00 | |
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Bittrex crypto exchange has been awarded a license to operate in Bermuda under the Island’s Digital Assets Business Act (DABA) of 2018. The Seattle based digital asset exchange will now expand its operations and is currently in the process of opening an office in Bermuda.
2020-10-1 15:34 | |
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The Bermuda Monetary Authority (BMA) has granted Bittrex Global Ltd. a full Class F Digital Assets Business Act license. A press release unveiled this news on September 30, noting that this permit will let Bittrex Global operate its acclaimed crypto exchange in or from Bermuda under the purview of BMA.
2020-10-1 15:14 | |
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Bitcoin is once again approaching $11K, after swiftly recovering from a drop alongside stocks and gold early last week. The leading cryptocurrency fell to $10K before bouncing amidst bullish headlines, including news that British overseas territory Bermuda had approved a Bitcoin ETF.
2020-10-1 16:28 | |
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Bitcoin is once again approaching $11K, after swiftly recovering from a drop alongside stocks and gold early last week. The leading cryptocurrency fell to $10K before bouncing amidst bullish headlines, including news that British overseas territory Bermuda had approved a Bitcoin ETF.
2020-9-30 09:28 | |
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Brazilian manager Hashdex has obtained the approval to launch the world’s first cryptocurrency Exchange Traded Funds (ETF), in partnership with Nasdaq. Named Hashdex Nasdaq Crypto Index ETF, the product will be listed on the Bermuda Stock Exchange, as per local media reports.
2020-9-23 23:30 | |
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Jewel, a proposed digital asset bank in Bermuda, has been added as one of the clients to Anchorage’s digital asset custodial services. The yet to be approved digital asset bank announced on September 16, noting that the move will be beneficial to crypto companies based on the island.
2020-9-17 19:23 | |
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Under the partnership, Anchorage will provide crypto custody services to Jewel, which is applying for its full bank license in Bermuda.
2020-9-17 19:18 | |
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The island continues to work toward full crypto adoption.
2020-9-1 19:45 | |
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Denis Pitcher, chief fintech advisor to the Premier of Bermuda, talks about the island nation's blockchain plans.
2020-2-3 19:00 | |
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Gemini, a bitcoin/cryptocurrency exchange and custodian, today launched Nakamoto, Ltd. (Nakamoto), a captive insurance company licensed by the Bermuda Monetary Authority (BMA) to insure Gemini Custody.
2020-1-17 21:45 | |
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Edward David Burt, the Premier of Bermuda, has recently affirmed that cryptocurrencies can work as a great equalizer against “big tech”. He affirmed this during a recent interview with Forbes. According to him, cryptos are important to ensure that citizens are not at the mercy of big corporations and the government. The Premier has a […]
2019-10-19 01:05 | |
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Some governments resist change, while others make it a point to keep up with ‘shyfting’ times. The small Caribbean island of Bermuda is one of those places, hosting the rollout of Perseid and Shyft Network‘s e-ID solution in Bermuda.
2019-10-16 16:00 | |
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Bermuda announced Wednesday it will accept payments in the USDC stablecoin "for taxes, fees and other government services."
2019-10-16 14:30 | |
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Crypto exchange BitMEX has added Bermuda, Hong Kong, and the Seychelles to its list of locations with total trade access restrictions. The newcomers join a group made up of jurisdictions including the US, Quebec, and North Korea.
2019-8-20 23:32 | |
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The ongoing crypto adoption drive has been propelled mainly by the ecosystem’s exchanges that serve as a gateway for many users across the globe. In a recent blog post that details on “ensuring the continued compliance” of the platform, BitMEX made a shocking revelation by stating, “Seychelles, Hong Kong and Bermuda will be added to […] The post BitMEX extends access restrictions to Seychelles, Hong Kong and Bermuda appeared first on AMBCrypto.
2019-8-19 18:23 | |
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Crypto finance solutions may be finding lower regulatory hurdles abroad as one of the most venerable exchanges takes to the islands.
2019-7-30 04:30 | |
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Crypto conglomerate Circle announced that it will be moving the majority of its operations offshore, as regulatory uncertainty has made servicing U. S. customers increasingly difficult. The company received a full Digital Assets Business Act license in Bermuda for Poloniex, a cryptocurrency exchange it runs.
2019-7-24 23:59 | |
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Crypto News – 23 July – Jeremy Allaire’s Circle off to Bermuda, Indian government panel on cryptocurrencies and more Don’t forget to follow us for our daily videos pic. twitter.
2019-7-23 19:00 | |
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Coinspeaker Circle Extends It’s Global Audience to the Pro-Crypto Regulatory Environment of BermudaInternational Crypto payment firm Circle recently announced that Users on its affiliate exchange company Poloniex can now gain access to the exchange by means of the corporation’s Bermuda subsidiary called ’Circle International Bermuda.
2019-7-23 12:15 | |
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Circle, the peer-to-peer tech platform, and its acquired crypto exchange platform, Poloniex has not been in very good shape and the past seven months have been quite tempestuous for the Boston-based firm.
2019-7-22 21:38 | |
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A Bermuda-based technology company has just announced its initial coin offering, with the official blessing of the local government. Velocity Ledger Holdings Limited, a Software as a Service (SaaS) company based in Hamilton, has been approved by the Ministry of Finance to launch the tokensale, the company said in a press release.
2019-4-11 13:00 | |
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David Burt, the Premier of Bermuda recently sat down for an interview for “Balancing the Ledger” where he spoke in lengths about Bermuda’s existing crypto regulations. The current government of Bermuda was elected in 2017 and had taken up the task to identify new opportunities for economic diversification and seek local and overseas investment. The […]
2019-3-26 17:38 | |
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Premier David Burt, the leader of the island nation of Bermuda, has boasted that the current situation that embattled Canadian crypto exchange QuadrigaCX finds itself would have been prevented if the exchange’s crypto keys had been kept in his country.
2019-3-26 14:18 | |
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Premier David Burt said that QuadrigaCX would never have lost its crypto wallet keys had it been registered in Bermuda, and not Canada
2019-3-26 02:17 | |
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The Government Of Bermuda Has Granted Omega One The Very First Crypto Exchange License The Omega One is a company that has started creating the off-exchange venue in the crypto assets plus the infrastructure in the capital markets.
2019-3-22 01:46 | |
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CryptoNinjas Omega One, a company creating an off-exchange venue in crypto assets and capital market infrastructure, today announced the official launch of Omega Dark, an institutionally-focused dark pool in the digital asset marketplace.
2019-3-21 01:53 | |
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U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the gap left by local banks, which have been reluctant to […] The post America’s Signature Bank to Offer Services to Bermuda Crypto Companies appeared first on Bitcoin News.
2019-3-2 06:40 | |
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Cryptocurrency startups in Bermuda can now open bank accounts in New York. In a press release published Thursday, the Government of Bermuda announced that it is partnering with New York-based Signature Bank.
2019-3-2 16:03 | |
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Signature Bank of New York is courting licensed fintech firms in Bermuda, including crypto startups that have struggled to secure accounts.
2019-3-1 02:45 | |
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Bermuda Would Be Launching A New Crypto-Friendly Bank As Soon As Next Week Bermuda is trying to offer crypto-friendly services to companies around the world. This is why the country decided to announce that it will be launching a crypto and blockchain friendly bank.
2019-1-24 22:00 | |
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The cryptocurrency industry is asking for regulations in the space. It is important to have a legal framework that would allow all interested parties in the market to invest in digital assets knowing that their funds are safely stored and protected.
2019-1-5 20:33 | |
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The Bermuda Monetary Authority (BMA), the island’s foremost financial services regulator, has published a draft regulation for cryptocurrency custodial services. The regulation – Code of Practice for Digital Asset Custody – outlines prescriptions to ensure the secure handling of customers’ crypto assets.
2018-12-23 21:00 | |
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The Bermuda Monetary Authority, the most important financial regulator in the country, has recently decided to release a draft regulation that will be used to determine how crypto custodial services should work in the country.
2018-12-22 01:01 | |
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Bermuda’s financial watchdog BMA has released a draft code of practice for crypto custodial services
2018-12-22 18:56 | |
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It is only a region’s financial regulators that can make policies to encourage crypto adoption and Bermuda's government is pretty forward thinking. Bermuda is slowly turning out to be one of the top destinations for crypto startups.
2018-10-29 09:28 | |
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Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
2018-10-6 16:37 | |
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When it comes to movies, high finance doesn’t usually perform as well as the high seas. While the Pirates of the Caribbean flounced around the Bermuda Triangle and made over $4. 5bn at the box office, Michael Douglas’ Wall Street made a piddling $43.
2018-9-25 23:33 | |
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Several countries are racing to become the world capital of cryptocurrency technologies. Bermuda, Gibraltar, and Malta are now competing with France to lure cryptocurrency companies to establish headquarters in their respective capitals.
2018-8-2 06:00 | |
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In Malta the parliament has enacted three crypto bills into law, in Bermuda the authorities want to create a new type of crypto friendly banks, and in New Zealand Kim Dotcom has lost his extradition appeal.
2018-7-5 19:50 | |
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For years, blockchain and crypto companies have struggled to access banking services, even a decade after Bitcoin was invented. While cryptos have become especially popular in the last two years, the situation hasn’t changed much around the world.
2018-7-5 17:00 | |
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In today’s edition of Bitcoin in Brief we cover stories from various corners of the world. In Malta the parliament has enacted three crypto bills into law, in Bermuda the authorities want to create a new type of crypto friendly banks, and in New Zealand Kim Dotcom has lost his extradition appeal.
2018-7-5 16:20 | |
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Bermuda Interested In Creating Blockchain Centric Banks The British island territory is bidding to put its name on the map as an outlier destination for FinTech innovation, having recently passed an ICO Bill and Digital Asset Business Act to attract companies in the blockchain and virtual currency space. The upcoming amendment to the Banking Act […]
2018-7-3 22:51 | |
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Chanalysis submitted a Polkadot governance proposal on April 18 that could lead to a $10 million partnership. The services provided by Chainalysis will include monitoring and tracing the DOT token activities on the Relay Chain, ensuring visibility of any potentially risky on-chain actions to regulators and institutional entities.
Banking giant HSBC is set to introduce digital asset custody services for tokenized securities such as bonds on the blockchain. The bank expects to go live with the service in 2024. The service is geared toward institutional investors and will continue expanding the lender’s offerings in the digital asset realm.
Advocates for the Bitcoin Lightning Network and decentralized protocol Nostr funded Kweks’ Kilimanjaro climb.
Polygon Labs announced on Sept. 29 that it has added Google Cloud to the decentralized group of validators powering its proof-of-stake Network. Polygon said in its statement that Google Cloud is now among more than 100 validators who secure the Polygon PoS Network, a network that originally operated under the name Matic Network and which […] The post Polygon adds Google Cloud to its validator set appeared first on CryptoSlate.
Pudgy Penguins has announced a merchandising deal with retail giant Walmart that will introduce its IP to the megastore’s shelves in over 2,000 stores. The Pudgy Toys—plush collectibles that will now be sold alongside legacy brands in Walmart’s brick-and-mortar stores—will offer access Pudgy World, a digital social experience on zkSync Era.
Citigroup has launched the pilot of its Citi Token Services, a new platform aimed at bolstering cash management and trade finance mechanisms. The company announced in a press release that the service leverages blockchain and smart contract technologies to provide innovative digital asset solutions for institutional clients.
The Japanese government is set to adjust regulatory frameworks, enabling startups to raise funds by issuing digital assets to investors, according to a report from Nikkei. The revision applies to startups receiving investments from investment funds, which may receive their stakes in digital assets instead of traditional stocks or securities.