Bermuda is the most recent jurisdiction to express a desire to be at the forefront of cryptocurrency legislation. It is presently planning to create a comprehensive and extensive crypto-regulatory framework.
Bermuda’s government is pressing ahead with its ambitious aspirations to become a cryptocurrency powerhouse. According to Bermuda’s Minister of Industry and Labor Jason Hayward, the small island state known for its stunning pink sand beaches and favorable taxation rules has been actively building its crypto-sector since 2017.
