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Bermuda’s international business sector applauded the decision by European Union to remove the island from its tax blacklist. The EU’s Economic and Financial Affairs Council confirmed at a meeting in Brussels on Friday that the island is no longer on...

A digital asset business linked to diamonds that is said to have attracted millions of dollars in pre-orders from institutional investors, could be cleared to transact with its token and exchange by the end of this month. That is according to Cormac ...

Bermuda highlighted its regulatory and legal framework for fintech business, as a delegation of government and industry experts returned for a second year to Blockchain Week in New York for Consensus 2019. David Burt, the Premier, accompanied by Curt...

One of the world’s biggest cryptocurrency exchanges, Binance, has been hacked and an estimated $40 million worth of bitcoin stolen. It has temporarily suspended all withdrawals on its platform as it investigates the breach, and said it will replace t...

Investment firm LOM Financial Ltd’s assets under administration have topped the $1 billion mark this year. The company reported the milestone in a letter to shareholders from Scott Lines, the company’s chairman and chief executive officer, as the fir...

Fygaro, DHL Express and Bermudian-based First Atlantic Commerce have partnered to launch E-Commerce in a Box — a sales, invoicing, and shipping solution for Caribbean businesses and entrepreneurs. Ariel Rochwerger, Fygaro founder and co-chief executi...

KPMG Bermuda and one of its managing directors have been fined and censured by the Public Company Accounting Oversight Board, the firm’s regulator for the audits of American public companies. KPMG has been fined $250,000 while Damion J Henderson, who...

Bermudian-based Velocity Ledger Holdings Ltd has been approved to conduct an initial coin offering, or ICO, by the Ministry of Finance. One of VLHL’s subsidiaries, VL Financial, wants to launch a digital asset exchange in Bermuda that would support...

Bermudian-based Bacardi Ltd has been named among the most reputable companies in the world for a seventh consecutive year. The annual Global RepTrack 100 list is compiled by the Reputation Institute and published in Forbes magazine. Bacardi is ranked...

A Bermuda delegation attending a high-profile conference for the global submarine cable industry this week will promote the island as a strategic Atlantic landing hub for fibreoptic corridors. SubOptic, a triennial event being held from today through...