CURRENCY STANDARD

Bermuda aims to provide that clarity with our Currency Standard initiative. We are pleased to announce that we aim to drive the adoption of regulated 1:1 US dollar backed stablecoins issued by private entities to provide an environment to develop the future ecosystem of open finance. We will turn Bermuda into a global innovation sandbox to advance the digitization and unbundling of traditional finance to drive increased access to financial services and act as a showcase model for other jurisdictions to copy... Bermuda has consistently demonstrated innovation and creativity since its discovery in the 1600's. From sailing, to agriculture, to tourism and global financial matters, we have been the originators of world-changing models. In 2019, the island continues to punch above its weight with legislative and regulatory restructuring designed to ensure Bermuda is at the forefront of the Blockchain revolution... Finally, we are appreciative of commitments from ConsenSys, a leading..

Primary location: Hamilton Bermuda