Bermuda


Finance

Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners

The aim of the policy is to offer bitcoin miners with financial protection against losses from operational interruptions caused by physical damage to equipment or facilities

Bitcoin miners connected to a district heating system in Finland

Policy

HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda

"HashKey Group aims to establish one of the world's largest cluster of licensed exchanges within the next 5 years, surpassing all current regulated exchanges," said Livio Weng, COO of HashKey Group.

16:9 Ben El-Baz, managing director of global crypto exchange HashKey Global at the Web3 Festival in Hong Kong. April 2024  (HashKey)

Policy

Coinbase Receives Regulatory Approval to List Perpetual Futures Trading to Users Outside US

The company has been looking to expand globally and announced its international exchange in May this year.

Coinbase CEO Brian Armstrong (Coinbase)

Finance

Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding

Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."

(Vlad Deep/Unsplash)

Videos

Analyst Predicts Coinbase Would Not Completely Leave the U.S.

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."

Recent Videos

Videos

Coinbase Launches Offshore Crypto Derivatives Exchange Amid U.S. Regulatory Scrutiny

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.

Recent Videos

Videos

Coinbase and Gemini Open Offshore Crypto Derivatives Exchanges

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.

Recent Videos

Finance

Coinbase Opens Offshore Crypto Derivatives Exchange

Based in Bermuda, Coinbase International Exchange will not be open to U.S. traders.

Coinbase CEO Brian Armstrong (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)

Finance

Crypto Exchange Coinbase Receives License to Operate in Bermuda

In March, the company was reported to be exploring options to launch an offshore platform.

Coinbase's Base blockchain has gone live (Chesnot/Getty Images)

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