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ARTICLE · 02 DECEMBER 2022

Bermuda Blockchain And Cryptocurrency Regulation 2023

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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Steven Rees Davies, Charissa Ball and Alexandra Fox have authored the Bermuda chapter of Global Legal Insight's fifth edition guide to blockchain and cryptocurrency regulation.

BermudaTechnology
Steven Rees Davies
Steven Rees Davies
Charissa Ball
Charissa Ball
Alexandra Fox
Alexandra Fox
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Steven Rees Davies, Charissa Ball and Alexandra Fox have authored the Bermuda chapter of Global Legal Insight's fifth edition guide to blockchain and cryptocurrency regulation. The chapter covers the Bermuda legal requirements relating to cryptocurrency and blockchain, including government attitude and definition, taxation, money transmission laws and AML requirements, mining and licensing requirements.

GOVERNMENT ATTITUDE AND DEFINITION

Bermuda has been recognised as a global leader in the regulation of blockchain and cryptocurrency-based services and related activities. The Bermuda government has pioneered one of the world's first comprehensive regulatory frameworks specifically designed to provide legal and regulatory certainty to industry participants whilst ensuring that business in the sector is conducted in accordance with the highest international standards.

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