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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 event gathers more than 350 policymakers, regulators and investors to discuss crypto and blockchain

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

The firm’s chief financial officer, Alesia Haas, calls it a monumental achievement

The new head of international distribution is expected to help accelerate the life insurer’s global growth

A new trial date of October 20 has been set in the case of a company that opened in Bermuda in 2018, but collapsed

Insurers can use the currency to collect premiums, make claims payments and even hold part of their capital

The dismissal is without prejudice, meaning the SEC cannot pursue the case again

They are surprised to encounter regulatory rigour in offshore financial centres

Initial investment began in December 2023 and the company will gain full control of the platform over next three years