Digital asset markets are subject to various regulations worldwide, but which are the most suitable for the crypto space at the moment?
Bermuda News
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- News
Bermuda continues to welcome afresh wave of crypto exchanges on the island.
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Brazil’s Hashdex is teaming up with Nasdaq to bring the world’s first Bitcoin ETF to the Bermuda Stock Exchange.
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The island continues to work toward full crypto adoption.
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The Premier of Bermuda, Edward David Burt, has said that cryptocurrencies are a great equalizer and characterized fintech innovation as a national strategic imperative.
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Bermuda became the first government to accept stablecoin USDC for tax payments, according to global financial services company Circle.
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Major crypto exchange BitMEX announced that it will restrict access to its platform from Seychelles, Hong Kong and Bermuda.
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Circle has launched a new subsidiary in Bermuda to serve non-American Poloniex customers, stressing U.S. regulatory limitations.
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Fintech firm Velocity Ledger Technology has launched a testnet and blockchain API where users can develop apps for issuing, trading, and settling utility tokens.
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The Bermuda Ministry of Finance has approved an ICO for trading company Velocity Ledger Holdings Limited.
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Phillip Potter has joined the advisory board of a new stablecoin clearing house project.
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Bermuda’s financial watchdog BMA has released a draft code of practice for crypto custodial services.
3421 - Analysis
Some countries are far more welcoming than others when it comes to their cryptocurrency regulations.
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