Skip to content
Subscriber Only
Markets
Crypto

Bermuda Officials Geeked Out With Blockchain Fans From Davos

  • Enthusiasts made impromptu trip to meet with government
  • Territory seeks to create ‘sandbox,’ gets funding from Binance
Bloomberg business news

Premier Burt Says Bermuda a Tax and Regulatory Play

Updated on
From

It was the last day of the World Economic Forum in Davos and Wayne Caines, Bermuda’s minister of national security, was about to head home after an exhausting week. But before leaving, he told a group of blockchain enthusiasts, “If you are really serious about advancing this space and working with us, meet us in Bermuda on Monday.”

Then it actually happened. A handful flew to the British territory on their own dime with the same suitcases they had brought to Switzerland, and spent the day with Bermudian government officials laying out a road map to embrace the nascent industry.