Central Bank releases digital asset regulations
NASSAU, BAHAMAS — The Central Bank has released its Digital Asset Guidelines for 2023, outlining the regulatory expectations for supervised financial institutions (SFC) regarding exposure to digital assets activities. The guidelines also aim to identify and establish best practices for effective risk management, with the regulator assuring that there were no
‘Technology Outpacing Legislation’ In Bermuda
Bermuda digital tech industry regulations should change from being legislation-based to policy-based to make them more easily adaptable to swiftly changing technology.
Report Identifies Blockchain’s $1.76 Trillion Potential
New analysis by PwC shows blockchain technology has the potential to boost global gross domestic product by $1.76 trillion over the next decade.
Jewel Seeks Digital-Asset Bank Licence
Jewel announced today that Anchorage, a Visa-backed crypto-native digital-asset platform for institutions, will provide it with secure digital-asset custody, with access to related lending products collateralised by digital assets held in custody.