David Burt is leading a delegation to Washington to engage with US financial regulators and digital asset businesses as Bermuda seeks to expand the sector’s role in its economy.

The Premier and Minister of Finance is attending DC Fintech Week, which started yesterday and runs until Friday at venues in Washington and Arlington, Virginia.

The delegation includes representatives from the Ministry of Finance and the Bermuda Monetary Authority, supported by the Bermuda Government Office in Washington.

According to the Government, meetings are scheduled with Michael Selig, chairman of the Commodity Futures Trading Commission, and Paul Atkins, chairman of the US Securities and Exchange Commission.

Discussions will cover developments in US regulation, opportunities for further regulatory engagement and the use of digital assets in Bermuda’s insurance and reinsurance market. Initiatives to encourage wider adoption on the island will also be on the agenda.

The visit comes as Bermuda prepares legislation that would allow the Government to accept and invest in digital assets, following Cabinet’s approval of policy proposals in May.

In January, the Government announced its ambition to become the world’s first fully “onchain” national economy, with support from Circle and Coinbase. The term refers to recording transactions and financial activity on blockchain networks.

Figures cited from the BMA’s 2025 annual report show that 49 digital asset business providers were operating in Bermuda at the end of last year, up from 36 a year earlier.

Mr Burt is scheduled to take part in a fireside conversation at the World Bank headquarters on October 13, moderated by Elad Roisman, chief regulatory and policy officer and general counsel at Fireblocks.

The discussion will examine Bermuda’s experience since introducing the Digital Asset Business Act in 2018, the growth of the sector and efforts to expand the practical use of digital assets in the local economy.

Aqsa Zubair, the BMA’s deputy director of fintech supervision, will also speak on a conference panel entitled “Concentration, Interoperability and the Cross-Border Stress Test”.

Mr Burt said: “Bermuda has always believed that responsible innovation is best achieved through partnership between government, regulators and industry.”

He added: “As DC Fintech Week marks its ninth year, it provides an opportunity to share Bermuda’s experience as a digital asset jurisdiction and to learn from developments taking place in other markets.

“Since 2018, Bermuda has regulated digital asset businesses under a comprehensive statutory regime, and we look forward to continuing those conversations in Washington.”

The conference, organised by The Fintech Foundation, takes place as the United States continues to develop its approach to digital asset oversight.

The Government said the visit was intended to support investment, business activity and job creation for Bermudians while strengthening the island’s position in the sector.