Bermuda’s Ministry of Finance published an update on Premier David Burt’s participation at Consensus 2025, highlighting Bermuda’s progress as a digital finance jurisdiction and setting out elements of the government’s forward agenda for digital finance infrastructure. The update reported that eight digital asset business licences were issued in 2024, taking the total number of licensed entities on Bermuda’s register to 53, comprising 39 digital asset companies and 14 innovative insurer general businesses. It also referenced last week’s Bermuda Digital Finance Forum, including a “compliant airdrop” of USDC that enabled attendees to transact with local vendors, and noted meetings with firms including Meanwhile, Excellar, Coinbase and Franklin Templeton focused on the jurisdiction’s regulatory framework and collaboration opportunities. Looking ahead, the priorities cited included enabling digital payments for government services, expanding digital ID frameworks and supporting the use of Artificial Intelligence in financial services.

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