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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

He shared updates about the island’s evolving digital asset strategy with representatives from Coinbase and SkyBridge

The event will highlight tech use of development platforms in real-world finance and microfinance

An executive calls it the largest transaction in crypto history, allowing the company to expand its derivatives trading

The upbeat message is about meaningful progress in priorities of driving revenue and utility, and the next decade of growth

More than 500 people were eligible to receive $100 in USDC

Bermuda’s size presents infrastructure and scaling challenges, but its clear regulatory structure is competitive

The firm moved Hashnote to the island as soon as it acquired the tokenised fund, for the regulatory environment

Penrose Partners is holding a free workshop, in conjunction with the Bermuda Economic Development Corporation