Bermuda Becomes First Gov’t to Accept Tax Payments in USDC Stablecoin
Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USDC for tax payments Go to Source Powered by WPeMatico
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BitMEX to Limit Access From Seychelles, Hong Kong and Bermuda
Users from Seychelles, Hong Kong and Bermuda will not be able to access major crypto exchange BitMEX Go to Source Powered by WPeMatico
Circle Expands to Bermuda to Offer New Services to Non-US Clients
Circle has launched a new subsidiary in Bermuda to serve non-American Poloniex customers, stressing U.S. regulatory limitations Go to Source Powered by WPeMatico
Velocity Ledger Technology Launches Testnet and Blockchain API in Bermuda
Velocity Ledger Technology announced an early access opportunity for users to make apps for issuing, trading, and settling utility tokens with their API and testnet Go to Source Powered by WPeMatico
Bermuda Ministry of Finance Approves Velocity Ledger ICO
Bermuda’s Ministry of Finance has approved the ICO of trading company Velocity Ledger Holdings Limited Go to Source Powered by WPeMatico
America’s Signature Bank to Offer Services to Bermuda Crypto Companies
U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the gap left by local banks, which have been reluctant to … Read more
Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse
Phillip Potter, co-founder of Tether (USDT) and former CSO of sister firm Bitfinex, has joined the advisory board of a new stablecoin clearing house project Go to Source Powered by WPeMatico
Bermuda Issues Draft Crypto Custodial Services Regulation
The Bermuda Monetary Authority (BMA), the island’s foremost financial services regulator, has published a draft regulation for cryptocurrency custodial services. The regulation – Code of Practice for Digital Asset Custody – outlines prescriptions to ensure the secure handling of customers’ crypto assets. Also read: Brazilian Supermarket Chain Now Accepts Payment in Bitcoin ‘Safe Space for Investment’ … Read more
Bermuda Financial Regulator Releases Draft Regulation for Crypto Custodial Services
Bermuda’s financial watchdog BMA has released a draft code of practice for crypto custodial services Go to Source Powered by WPeMatico
Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States
Salt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U.S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps. Also read: Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic … Read more
