Bermuda still has its welcome mat out for crypto businesses despite the industry’s recent turmoil, the head of the British island territory’s government said.
The digital-asset market has faced one problem after another following the collapse of several companies last year, including Sam Bankman-Fried’s FTX, which is now at the center of one the highest-profile corporate crime cases in US history. US agencies have ramped up enforcement efforts amid calls for a crackdown.
But E. David Burt, Bermuda’s premier and finance minister, said there are still a lot of benefits that can be reaped from digital assets ...
