Bermuda’s Strict But Progressive Path to Crypto Hub Status
Part of Consensus 2023
This event took place on Friday, April 28, 2023 at 2:15 PM UTC.
Location: Austin Convention Center: Mainstage. At a time when the world’s most powerful government is adopting a seemingly hostile stance toward the crypto industry while other jurisdictions have been criticized for being too lax, Bermuda stands out as a unique middle-way solution. The mid-Atlantic British territory has developed a strict yet progressive approach to digital asset regulation that draws upon decades of building a trusted financial framework that hosts one of the world’s biggest insurance hubs. Premier David Burt, perhaps the world’s most crypto-savvy head of government, lays out his vision for the island economy to seize a similar opportunity in digital assets.