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US digital finance policy comes together at conference

David Burt, the Premier, was interviewed by Kerem Kolcuoglu, managing partner of Penrose Partners, discussing Bermuda’s role in the digital finance world, during last week’s Wyoming Blockchain Symposium in Cheyenne (Photograph provided)

The 2025 Wyoming Blockchain Symposium in Cheyenne, which was attended by a Bermuda delegation, seemed to unite the US Government, regulators and industry leaders to advance American digital asset policy and innovation.

That was the view of AInvest, which reported: “The event served as a focal point for advancing regulatory clarity and fostering innovation in the digital asset space.

“High-ranking officials, including [Wyoming] governor Mark Gordon and senator Cynthia Lummis, participated, highlighting Wyoming’s proactive leadership in developing blockchain-friendly policies.

“The symposium was expected to influence broader US digital asset market structure and could trigger significant regulatory and institutional shifts in the industry.”

During the event, a fireside chat featured David Burt, the Premier and Minister of Finance, discussing Bermuda’s role in the digital finance world with Kerem Kolcuoglu, managing partner of Penrose Partners.

Mr Burt said he also met with senior US leaders on the future of digital finance.

The event was hosted by Salt, the digital finance thought leadership forum, and Kraken, a crypto exchange, with the support of the University of Wyoming’s Centre for Blockchain and Digital Innovation.

AInvest said the event emphasised collaboration between industry leaders and government representatives.

Michelle Bowman, the Federal Reserve’s vice-chairman for supervision, highlighted the transformative potential of blockchain technology.

She said: “We are at the beginning of what appears to be a seismic shift in the way we think about money, value and the fabric of our financial system.”

She urged regulators to ensure that new technologies do not face unnecessary barriers, pointing to the importance of a flexible regulatory framework that encourages innovation.

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Published August 27, 2025 at 7:56 am (Updated August 27, 2025 at 7:37 am)

US digital finance policy comes together at conference

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