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A sharp depreciation in the Brazilian real pushed comprehensive income into negative territory

Financial Action Task Force standards have been updated since Bermuda’s last evaluation in 2020

David Burt, the Premier, appears at a fireside chat discussing Bermuda’s role in the blockchain space

The asset is linked to the pound and backed jointly by the British Government and the British Business Bank

The new Genius Act means that some stablecoin clients can more easily set up in the United States

The shipowner says the decrease reflects vessel sales and the impact of one of its rigs sitting idle

By setting up Bermudian subsidiaries, companies can gain exposure to more stable long-term lines in the US

The new legislation will create a much larger market for Bermudian-regulated stablecoin products

Matthew Kirk, joining the company from Enstar Group, will take up the role next March

The companies tokenise the resulting credits as financial instruments overseen by the Bermuda Monetary Authority