News

Premier announces that Circle has achieved a Digital Asset Business License
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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...
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Free online training offered for Bermudian residents
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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...
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Oyster Consulting hosts Fintech Business Unit lunch and learn on Fintech compliance
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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...
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Bermuda announces partnership with Signature Bank for FinTech Banking Services
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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...
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Premier Burt interviewed in Davos in the ConsenSys Ethereal Lounge
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Premier Burt participating in a fireside chat with Priya Patel in Davos at the ConsenSys Ethereal Lounge on January 24th 2019.
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FinTech Business Unit presents to Bermuda Public Service Union
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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...
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Responsibility for FinTech shifted from Ministry of National Security to the Office of the Premier
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As part of a recently announced reallocation of departments within the Bermuda government, responsibility for FinTech has been shifted. The FinTech Business Unit, the government's primary body for facilitating and coordinating FinTech related initiatives falls under the Department of ICT...
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Bermuda Premier Sets Out the Bermuda Standard at OECD Blockchain Policy Forum
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Premier Burt Sets Out the 'Bermuda Standard' for Fintech at the OECD Summit in Paris Bermuda is the first jurisdiction with comprehensive ICO and digital asset legislation  The Premier of Bermuda, The Hon David Burt JP, MP, and Director General Angel...
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