Bermuda Reveals Draft Crypto Regulations, Plans to Embrace ICOs

News Bitcoin Mon, 16 Apr 2018

The Bermuda Monetary Authority has issued a consultation paper on draft regulations pertaining to “virtual currency businesses” and initial coin offerings (ICOs). The proposed bill seeks to create a framework that encourages and fosters the development of Bermuda’s nascent cryptocurrency industry. Also Read: 16 Government-Approved Crypto Exchanges Have Formed Self-Regulatory Group in Japan Bermuda Reveals Regulatory […] The post Bermuda Reveals Draft Crypto Regulations, Plans to Embrace ICOs appeared first on Bitcoin News.