| submitted by /u/bajanboost
The Bermuda Monetary Authority has issued a consultation paper on draft regulations pertaining to “virtual currency businesses” and initial coin offerings (ICOs). The proposed bill seeks to create a framework that encourages and fosters the development of Bermuda’s nascent cryptocurrency industry.
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Bermuda is a picturesque British overseas territory with a Gross Domestic Product (GDP) of about 5.2 billion dollars and a population of less than …
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