Bermuda Monetary Authority

Bermuda Premier David Burt (Kurt Christenson/CoinDesk)
Bermuda Premier David Burt: 'Nobody Is Coming to Bermuda to Flee Regulation'
Five years after the island jurisdiction passed its digital assets regulation, a steady stream of companies is coming to Bermuda because of its clear regulation.
Bermuda Premier David Burt (Kurt Christenson/CoinDesk)

PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)
Crypto Exchange Coinbase Receives License to Operate in Bermuda
In March, the company was reported to be exploring options to launch an offshore platform.
PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)

Bermuda Is Planning a Comprehensive Crypto Ecosystem
Bermuda Is Planning a Comprehensive Crypto Ecosystem
In what must have been a drastic change for Denis Pitcher, Chief Fintech Advisor to the Premier of Bermuda, he and Coindesk’s Michael Casey took to the chilly streets of Davos to talk about his government’s steps to enable Blockchain adoption in the small island nation.
Bermuda Is Planning a Comprehensive Crypto Ecosystem