The World Economic Forum think-tank has featured Bermuda’s “collaboration between government, regulator and industry” in an overview written by David Burt published at the advent of the international meeting in Davos, Switzerland.

The article, The Bermuda Triangle approach: How the small but mighty island innovates at scale, appeared on Thursday.

In it, the Premier highlighted the Digital Asset Business Act 2018, describing it as “a clear example of the Bermuda Triangle approach: clear policy and direction from government, independent regulatory oversight from the Bermuda Monetary Authority and practical application through the private sector”.

He added: “The regulatory regime was built to bring clarity and issuer oversight to a previously opaque sector.

“It gave firms a clear path to licensing, capital segregation, consumer safeguards and supervisory expectations.

“Today, Bermuda is home to over 55 licensed digital-asset businesses and insurers — more than any other country in the world.”

Mr Burt, who has joined international leaders for the conference, said the digital asset industry marked a repeat of the island’s success story in developing its insurance and reinsurance sector.

The Premier posted on X that he opened the Hub Culture Partner welcome dinner as a guest of honour and speaker ahead of the forum.

He wrote: “It was a pleasure to talk about Bermuda’s leadership in sustainable growth, promoting on-island investment to create long-term opportunities for Bermudians.

“The evening set the tone for the week ahead at the World Economic Forum in Davos, meeting with global leaders in finance, technology and government.”

The 56th annual meeting in Davos is scheduled to wind up on Friday.