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The digital assets sector will not escape regulation and taxation, a panellist at the third annual International Tech Summit in Bermuda told attendees. Carol Pepper is the founder and chief executive officer of New York-based family office and consul...

Investors are becoming more comfortable investing in digital assets, attendees at the third annual International Tech Summit heard. Lawrence Newhook is the president and chief investment officer of Bermudian-domiciled investment management firm Alpha...

A London-based impact investment company that is named after one of Bermuda’s iconic beaches has announced the launch of a venture vehicle with an initial £20m of committed capital, focused on decarbonisation, sustainable energy, and social-impact op...

Crystal Cruises was left to fend for itself after its parent company sought court protection in Bermuda, the luxury line’s former president has disclosed. The operator of three ocean cruise ships and five river ships closed its offices on February 11...

The impact of economic sanctions on the rouble will prompt other countries to speed up their adoption of a digital currency

Diamond Standard has received regulatory approval from the Bermuda Monetary Authority to launch the $75 million initial offering of the Diamond Standard Bar. Offered at $67,200, the price changes weekly with the market value of the diamond commoditie...

Conference panels at the third annual International Technology Summit kick off Wednesday. The event is spearheaded by Penrose Partners, the Canadian and Bermudian blockchain advisory firm. Kerem Kolcuoglu, managing partner at Penrose, said just over ...

A Bermudian-based insurtech company will soon release the first digital marketplace for trading longevity risk in index-based format. Longitude Exchange said the platform will connect hedgers and investors on a web-based ecosystem that is purpose-bui...

Against the backdrop of the threat of war in Ukraine, Bermuda’s financial services regulator adds three Russian nationals and five banks to a sanctions list on its website

Two cruise ships operated by a subsidiary of Bermudian-based Genting Hong Kong Limited have been placed under arrest in the Bahamas for alleged non-payment of bills. The Crystal Symphony and Crystal Serenity were arrested on Friday evening in waters ...