Bermuda

Finanzas

L'objectif de la Juridique est d'offrir aux mineurs de Bitcoin une protection financière contre les pertes dues aux interruptions opérationnelles causées par des dommages physiques aux équipements ou aux installations.

Por Jamie Crawley3 oct 2024

Crypto exchange Coinbase is opening a derivatives exchange in Bermuda as it faces regulatory headwinds in the U.S. This comes as Coinbase CEO Brian Armstrong recently suggested that the exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer. Oppenheimer senior analyst Owen Lau weighs in, predicting "they would not completely leave the United States, but international expansion is on the table."

3 may 2023

Coinbase is opening a derivatives exchange in Bermuda as the crypto exchange faces continued regulatory headwinds in the U.S. Owen Lau, senior analyst at Oppenheimer, discusses his firm's rating and price target for Coinbase's stock. Plus, Lau reacts to Coinbase Chief Legal Officer Paul Grewal telling CoinDesk at Consensus 2023 that the exchange is prepared to take legal action if the SEC doesn't provide the regulatory clarity it is seeking.

3 may 2023

U.S.-based crypto trading firm Coinbase is opening a derivatives exchange in Bermuda as part of an international expansion plan that comes as the publicly traded company faces regulatory headwinds at home. Gemini also announced the launch of its own international crypto derivatives exchange. "The Hash" panel discusses what this suggests about the state of crypto business operations and regulation in the U.S.

2 may 2023

Finanzas

En mars, il a été signalé que la société étudiait la possibilité de lancer une plateforme offshore.

Por Helene Braun20 abr 2023

Bermuda-based Jewel Bank received its full bank and digital asset business licenses from the Bermuda Monetary Authority (BMA), becoming the island nation’s first digital asset bank. Jewel plans to issue a USD-backed stablecoin and has plans for other single fiat currencies. Premier and Minister of Finance of Bermuda David Burt shares insights into what this means for crypto regulation in Bermuda and the world.

10 jun 2022

Philippe Bekhazi of XBTO Group, provides an update on the crypto markets, including whether recent dips in BTC prices indicate a reversal of the bull market, the impact of CBDCs on the crypto market and a developing program in Bermuda to create a stablecoin-based stimulus package.

5 mar 2021

Por Sheila Warren, Michael J. Casey30 oct 2020

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. “In the summer of 2018, we launched a comprehensive regulatory framework to provide clarity and leverage,,” said Pitcher. “We introduced a principle-based framework that allowed us to define more of a scope around a business plan as opposed to specific activities. That allows you to have the flexibility to focus on managing risks of what's new in this space.” Pitcher hopes to create a system that allows Bermudians to spend the digital currency they receive on government services and, in so doing, build a bridge to overseas economies... “By allowing the government to accept it, it provides an opportunity for merchants to start saying, ‘Well, I can look at accepting digital dollars,’” he said. “So taxi operators, tourism operators, commercial businesses have a place to actually spend, which means that you're not going to have to fall back to the traditional financial system.” Pitcher hopes these systems will finally introduce ordinary Bahamians into the global financial ecosystem. “Our history allows us to really understand financial services,” he said. “But the challenge that comes from this is that when it comes to access to financial services, Bermudians are largely excluded. We don't have access to PayPal, Revolut, or Square and in order to actually get access to the Apple App Store we buy credit or gift cards.” “We’re too small,” he said. “Nobody cares about 60,000 people.” With a digital currency plan, however, Pitcher believes the Bahamas will become more than just a financial product supplier and will, eventually, turn into a financial powerhouse of its own.

11 may 2020