Bermuda is one of the only environments with regulatory equivalence with the US and EU and the ‘Risk capital’ of the world, for insurance and reinsurance.
Their Premier, the youngest in his country's history, and with a masters in IT from George Washington, holds a uniquely high level of technical literacy talks with refreshing nuance about creating an innovation first environment to evolve Web 3 startups, in particular in Digital Assets and DeFi, without the licensing overhead burden whilst still maintaining a world beating standard in compliance. We look at how opacity hinders crypto, and why choosing a ‘transparency focused jurisdiction’ like Bermuda vs ‘privacy jurisdiction’ is key for Web 3 startups to be accepted by industry and capital markets.
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