Premier, the Hon. David Burt, JP, MP, today announced that Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, has launched Nakamoto, Ltd. (Nakamoto), a captive insurance company licensed by the Bermuda Monetary Authority (BMA) to insure Gemini Custody™....
Bermuda is pleased to announce an initiative that will establish Bermuda as a lighthouse to other jurisdictions on how to adopt and benefit from the advancement of technology around digital currencies. We are leveraging our position as a jurisdiction with...
Premier Burt today announced that Global financial services company, Circle, will be establishing its headquarters in Bermuda for its international operations and clients outside of the United States. Circle received a “Class F” license from the Bermuda Monetary Authority, under...
As part of the Bermuda Government’s FinTech Education Programme, the FinTech Business Unit announced today the launching of the online program with The FinTech School. This online education opportunity is open for all interested persons allowing access to all...
The Fintech Business Unit hosted 4 different lunch and learn sessions in the month of March covering fintech compliance, each with a packed room. Quotes from Oyster: “To fulfill their obligations, a Compliance Officer needs to be knowledgeable, competent and...
As a result of confidence in Bermuda’s high regulatory standards, the Government is pleased to announce that Bermuda can now offer an option for US banking services toBermuda licensed FinTech companies. Signature Bank, a New York-based full-service commercial bank, has...
Today the FinTech Business Unit presented to the Bermuda Public Service Union as part of their community outreach initiatives to educate the community on the opportunities in FinTech. Topics included an overview of the prospective impact for the industry including...