Carey Olsen Bermuda updates

 
Digital Asset Business Act 2018
Carey Olsen Bermuda
  • Private Client & Offshore Services
  • Bermuda
  • 11 October 2018

Since its election, the current government has enthusiastically embraced the fintech sector and the potential that it offers and has repeatedly expressed its intention for Bermuda to be a significant centre for this industry. In furtherance of this goal, a significant part of the government's legislative programme for 2018 has been, among other things, the implementation of a comprehensive regulatory regime. The central pillar of this regime is the Digital Asset Business Act, which came into force on 10 September 2018.

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