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A New York bank approved to provide US banking services to Bermuda fintech companies has been downgraded

The petition for the winding up of BlockFi International Limited has been adjourned to next month

The swift collapse of the cryptocurrency exchange FTX and the arrest of its founder Sam Bankman-Fried could lead one to think that the complexities of crypto are at the root of the company's collapse. But a closer look reveals that FTX's implosion co...

Bermuda’s new digital bank is set to open between January and March, with the backing of former premier Sir John Swan and family. Chance Barnett, the chairman and chief strategy officer of Jewel Bank, told The Royal Gazette that the company pushed ba...

A businessman pulled from the purchase of a bank after his financial history was revealed cofounded a fintech firm that has been given a licence by the Bermuda Monetary Authority. New York-based Logan Sugarman remains a C-suite executive at Blockchai...

Bermuda’s nascent fintech sector has experienced its fair share of failures in the past four years and is now feeling the effects of the high-profile collapse of FTX, the world’s second-largest cryptocurrency exchange. Sam Strangeways reports on ...

An Australian cryptocurrency executive extradited to the United States from Bermuda has been sentenced to a year’s probation and a $150,000 fine after he admitted breaching an anti-money laundering law. Gregory Dwyer, 39, who was head of business dev...

Bermuda’s fintech sector is small but thriving under the watchful gaze of the island’s financial regulator, according to industry professionals. The Royal Gazette spoke with many of the 16 companies licensed under the Digital Asset Business Act 2...

Today’s Royal Gazette has an in-depth look at Bermuda’s efforts to add a new pillar to its economy through financial technology, cryptocurrencies and blockchain, the underlying technology for digital coins. Five years after Bermuda’s fintech revoluti...

If the past few months in the crypto industry have highlighted anything, it would be the strength and vigour needed by a country’s regulator to not only develop meaningful policy, but to have the expertise and fortitude to supervise the complex activ...

In December 2020, the Bahamas passed the Digital Assets and Registered Exchanges Act (Dare). According to the securities regulator, Dare was supposed to “put in place the legal framework for a vital, well-regulated and compliant industry in the Baham...