Bermuda is rapidly emerging as a premier destination for crypto startups seeking a favorable regulatory environment and low-tax regime. A series of recent developments, including the licensing of Coinbase by Bermuda’s financial regulator and the establishment of a dedicated blockchain task force, have reinforced the island’s position as a hub for digital asset innovation. As the regulatory climate in the United States deteriorates, American crypto companies are eying Bermuda and its more accommodating digital asset framework. The renewed interest in crypto frameworks outside the United States is a result of the country’s key regulators.
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