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Bermuda Introduces Crypto Management Guidelines

Bermuda Introduces Crypto Management Guidelines

Bermuda Introduces Crypto Management Guidelines

The Bermuda Monetary Authority (BMA) has recently issued guidelines especially for firms on cryptocurrency management: ‘Code of Practice for Digital Asset Custody’. The Senior Advisor on Financial Technology of BMA, Moad Fahmi explained, “We view custody as an important part of a healthy digital asset ecosystem one that will encourage quality players to contribute positively to our financial system.