Bermuda Premier David Burt: 'Nobody Is Coming to Bermuda to Flee Regulation'

At Consensus2023, Bermuda Premier David Burt said that, unlike some jurisdictions around the world, Bermuda has the regulatory clarity that companies in the digital asset space require – and have also been seeking. TheSamReynolds reports

“Bermuda is an excellent place to raise capital, but a terrible place to hide it,” David Burt said. “Yes, our prison does have an ocean view, but it’s still a prison. I promise that you won’t enjoy your stay.”

Burt said that, unlike some jurisdictions around the world, Bermuda has the regulatory clarity that companies in the digital asset space require – and have also been seeking.

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