Bermuda to launch crypto friendly bank

posted 3 months ago
A Bermuda bank that will accept blockchain and crypto companies appears to be on the horizon. Bermuda Premier David Burt said “I’m proud to say that next week we’ll be making an announcement revealing that a bank will be set up in the country that will start accepting crypto and blockchain companies.”

Bermuda, which is known as being one of the world’s premier offshore financial centers, is probably well placed to make the most out of the crypto and blockchain business. On a related note, Marshall Islands is well on its way to creating a regulatory framework for blockchain and crypto companies.
Tags: bitcoin, blockchain, news