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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

Kevin Richards is founder and chairman of the Bermuda Innovation and Technology Association

The global trading technology provider gains BMA licences for investments and digital assets

Organisers hope to make island a global hub for blockchain, stablecoins and decentralised finance

Hashnote Tokenised Money Market Fund is the largest treasury and money market fund of its type in the world

Jeffrey Glusman’s comments follow the Bermuda Monetary Authority’s public warning about the company

Decision comes as the American regulator forms a task force dedicated to helping to develop a framework for cryptoassets

Jeffrey Glusman is the chief executive of the cryptocurrency insurer Blockchain Deposit Insurance Corporation