October 2019 has been a busy month for the FinTech sector in
Bermuda with the inaugural Bermuda Tech Week and the amendment of
the Digital Asset Business Act 2018.
The development of the FinTech sector has been a focus for
Bermuda in recent years and the efforts of the Government of
Bermuda, the Bermuda Business Development Agency (BDA) and the
Bermuda business community has led to Bermuda being the offshore
jurisdiction of choice for those who are looking to benefit from
the credibility of a regulated jurisdiction.
The hosting of Bermuda Tech Week, a week of conferences focused
on all aspects of the technology sector, enabled industry
participants to explore the opportunities and challenges currently
faced by global technology businesses and showcased Bermuda's
role in the future of the industry.