Premier David Burt has travelled to Washington, DC, for a series of meetings centred on Bermuda's digital asset sector, as the island continues to position itself as a leading jurisdiction for fintech and blockchain innovation.
The Premier is expected to engage with policymakers, regulators and industry figures during the visit, promoting Bermuda's regulatory framework for digital asset businesses. The island has spent several years building legislation aimed at attracting cryptocurrency and fintech firms while maintaining standards designed to protect consumers and the island's financial reputation.
Bermuda was among the first jurisdictions in the world to introduce comprehensive legislation governing digital asset businesses, and the Government has repeatedly signalled its intention to grow the sector as a pillar of the local economy alongside international business and tourism. Officials have argued that clear rules and proactive engagement with overseas regulators are essential to keeping the island competitive.
The Washington trip comes as digital asset companies face increased scrutiny in the United States, with debates continuing over how the industry should be regulated at the federal level. Bermuda officials have previously used similar visits to strengthen ties with US counterparts and to encourage firms to consider the island as a base for operations.
Further details of the Premier's schedule and any agreements arising from the talks are expected to be released following his return to the island.
Bermuda