Government of Bermuda Launches Cryptocurrency Task Force

Government of Bermuda Launches Cryptocurrency Task Force

The government of Bermuda has launched a blockchain task force to foster cryptocurrency commerce in the British overseas territory. Announced by by the island’s premier, David Burt, and national security minister, Wayne Caines, during a press conference on Wednesday, the new working group has been set up to advance Bermuda’s regulatory environment for tokens, "tokenised securities," cryptocurrencies and initial coin offerings (ICOs). The task force comprises two groups – the Blockchain Legal and Regulatory Working Group, and the Blockchain Business Development Working Group – which will work to assist development of the technology, a press release states. John Narroway, […]