Bermuda's Digital Asset Business Act 2018 is one of the world's first comprehensive statutory licensing frameworks for digital-asset businesses. It creates licence classes and a statutory perimeter for digital-asset business, provides BMA supervision with prudential, governance and conduct requirements, and works with later regulations, codes of practice and amendments under the Bermuda Monetary Authority.
Bermuda
Regulated
Bermuda is a pioneering crypto-friendly jurisdiction with the Digital Asset Business Act 2018 administered by the Bermuda Monetary Authority.
1
Total Laws (incl. applicable EU-wide)
0
Effective Laws
At a Glance
Is holding crypto allowed?
Unclear
Is crypto trading allowed?
Unclear
Is P2P trading allowed?
Unclear
Are crypto payments allowed?
Unclear
Is crypto legal tender?
Unclear
Is mining allowed?
Unclear
Is staking allowed?
Unclear
Is DeFi participation allowed?
Unclear
Are stablecoins allowed or regulated?
Unclear
Activity Status Matrix
| Activity | Status | Details |
|---|---|---|
| Holding Crypto | — | Is holding crypto allowed? |
| Crypto Trading | — | Is crypto trading allowed? |
| P2P Trading | — | Is P2P trading allowed? |
| Crypto Payments | — | Are crypto payments allowed? |
| Legal Tender | — | Is crypto legal tender? |
| Mining | — | Is mining allowed? |
| Staking | — | Is staking allowed? |
| DeFi | — | Is DeFi participation allowed? |
| Stablecoins | — | Are stablecoins allowed or regulated? |
| NFTs | — | Are NFTs allowed or regulated? |
| Token Launches | — | Are token launches allowed? |
| Crypto Advertising | — | Is crypto advertising allowed? |
| Banking Access | — | Do crypto businesses have banking access? |
Tax Information
Verified tax information is not currently available.
