news
Bermuda Bets on ‘Fully On-chain’ Economy in Coinbase, Circle Stablecoin Push
📰 sources⭐ 7.0
TL;DR:
Bermuda has expanded its digital-asset strategy, backing USDC payments with Circle and Coinbase’s Base and citing oversight under the 2018 Digital Asset Business Act. Officials say over 40 firms have entered licensing or sandboxes and a pilot is slated for the May 2026 Bermuda Digital Finance Forum....
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.