The Digital Finance Roundtable, held at the Cabinet Office, brought together the Bermuda Monetary Authority, global digital asset leaders, and local banking representatives. Discussions focussed on advancing Bermuda's digital finance ecosystem, addressing local banking challenges, and improving its global competitiveness.

The BSA, launched by Apex Group and Penrose Partners, aims to establish industry standards for stablecoins through collaboration on compliance, technical standards, policy, and education.

Premier David Burt emphasised Bermuda's dedication to fostering a thriving digital economy, ensuring global competitiveness and empowering local businesses. These efforts solidify Bermuda's commitment to regulated digital assets and stablecoin innovation.

The Bermuda Government’s article can be found here.