l, USD Coin issuers Circle Internet Financial Ltd., and crypto interest account providers BlockFi, who obtained a license in January earlier this year.
“So obviously the persons that we want in Bermuda must be fit and proper because essentially we’re looking at maintaining the jurisdiction’s quality name,” he said.Hayward stated that Bermuda’s licensing process is broken down into three stages: the testing license, a modified license, and finally the fully approved operating license. The testing phase usually lasts between three to 12 months but did not provide a comment on how long it takes to get fully licensed by the BMA.
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I guess like any other financial system it has ups and downs so why not?
specialone0007 === he covers a lot of ICO projects and much more in-depth. Worth checking out his Twitter.
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Bermuda persists in developing digital-asset industry amid downturn, WSJ saysBermuda, which has a comprehensive framework regulating cryptocurrency, is doubling down on its understanding of international business and a trained workforce. check 20000% 0xc19bc8d028839313b0f9c213eb33e11e2f0e98cc I mean ofc they will how else will they entice people to get lost in their triangle 😂 Of course they are!! It’s part of a natural adoption cycle in an emerging technology as controversial as the decentralisation of money and the web, and maybe even decentralised economic models in the near future
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