Circle Shifts Exchange Operations to New Bermuda Office

As the U. S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore.

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Circle Expands International Offerings with New Bermuda Operations and Digital Assets Business License

Today, we’re expanding our global offerings with the launch and regulatory licensing of a new subsidiary in Bermuda. We plan to serve non-US Poloniex customers with our new Bermuda operations, and we expect to offer many new digital asset services from Bermuda over time. We will also continue our

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Government of Bermuda grants Omega One first cryptocurrency exchange license

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.

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America’s Signature Bank to Offer Services to Bermuda Crypto Companies

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.

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Ad Tech Startup tribeOS Announces Federally Approved Security Token Offering in Bermuda

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release.

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Caitlin Long Warns the Crypto Community About Bermuda’s New Crypto Regulations

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.

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Bermuda Issues Draft Crypto Custodial Services Regulation

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.

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Bermuda Releases Draft Digital Asset Custody Code of Practice for a Month Consultation Period

The Bermuda Monetary Authority – also known as BMA – has released a draft digital asset custody code of practice for a consultation. The main intention behind this release is to provide better regulatory standards to an industry that is searching for legal clarity around the world. The information was released on December 21st by […]

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Bermuda Monetary Authority’s New Digital Asset Custody Code of Practice Draft Releases

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.

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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets

On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets.

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Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]

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.

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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies

As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies.

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Bermuda receives rapidly within the jurisdiction of digital property assets

If recent developments are any indication, Bermuda is perhaps well on the path to quickly becoming the global leader for the issuance of digital assets. Bermuda seeks to embrace the potential afforded by digital assets but not at the expense of tarnishing its pristine international finance reputation.

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Bermuda Is Quickly Gaining Favor as a Jurisdiction of Choice for Digital Assets

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Government of Bermuda Becomes a Crypto-friendly Nation With Their ICO Bill

The Bermuda Government, recently, passed a Digital Asset Business Act and an ICO Bill. The Government felt compelled to make changes to their Banking Act because they wanted to create a new class of banks that could work with emerging FinTech, cryptocurrency and blockchain startups.

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Bermuda to Cater to Blockchain & Crypto Projects with Banking Act Amendment Plans

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 […]

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