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By having Jeff Pulver, one of the world’s distinguished internet entrepreneurs, host an event in Bermuda, the island has added to its standing as a leader in the field of blockchain and fintech regulation. It is one of the reasons why James Wallace, ...

A race to the start line in the offshore cryptocurrency exchange market is heating up. Bermuda’s fintech ambitions are well established, but now a company behind a planned cryptocurrency exchange based in the Cayman Islands says it will soon launch. ...

A Bermudian-based company is rolling out a service that adds security and efficiency for restaurants and that accept payment from customers who use debit and credit cards. Software company Powertranz had a successful pilot trial of the service in The...

Omega One, an agency brokerage for cryptocurrencies, has been approved for a digital-asset business licence by the Bermuda Monetary Authority. David Burt, the Premier, revealed the news in the House of Assembly on Friday and added that representative...

Entrepreneur and philanthropist Michael Bloomberg will join Brian Duperreault, chief executive officer of AIG, at an industry forum in New York later this month highlighting Bermuda’s historic and mutually beneficial relationship with the US. The for...

Bacardí supports the right to seek justice for those whose properties were confiscated in Cuba by the Fidel Castro regime almost 60 years ago. The Bermudian-based company was commenting in the wake of the United States’ opening of a very limited sco...

The total value of merger and acquisition deals in Bermuda topped $70 billion in 2018, more than double the previous year’s tally, a report released today by offshore law firm Appleby found. The island was home to four deals of more than $5 billion...

Bermudian-licensed fintech companies finally have an option for US banking services. Signature Bank, a New York-based full-service commercial bank, will aim to fill the void left by local banks who have shied away from the fledgeling sector. David Bu...

US multinationals’ entities in Bermuda declared profits of $24.9 billion in 2016 — or $45 million per employee. That is the finding of the US tax authority, the Internal Revenue Service. In its latest country-by-country statistics, the IRS breaks dow...

Butterfield Bank will be “intensely focused” on reducing expenses in the higher-cost jurisdictions where it has operations, during the next six months. Automation, and moving aspects of its business to Canada and Mauritius, are among cost-reduction m...