Nasdaq, SEC-Registered Fund Manager to Launch First-Ever Crypto ETF in Bermuda
The new ETF product will track an index currently being designed by Nasdaq that will provide broad exposure to the digital asset market. Source
Read More
Bermuda
Proposed Bermuda Bank Taps Anchorage as Digital Asset Custody Partner
Jewel, which is awaiting regulatory approval to open a bank in Bermuda, is partnering with digital asset custody platform Anchorage. The idea, according to a Monday statement emailed to CryptoX, is for Anchorage to provide digital asset custody services for Jewel, which is applying for a full bank license from the
Read More
Bermuda Is Planning a Comprehensive Crypto Framework
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 island nation.“In the summer of 2018, we
Read More
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 USD Coin (USDC) for tax payments.Part of a broader government initiative to embrace stablecoinsAccording to a press release shared with CryptoX on Oct. 16, this development is part of a broader initiative, which
Read More