Crypto Heidi: All You Should Know to Set up a Crypto Company in Bermuda

  • Thursday, 02 August 2018 01:09
We all know that ICO regulations are getting stricter these days and even some listing sites are closed down due to regulation changes. As opposed to the stricter regulation, Bermuda welcomes outside business to set up their ICO companies on the island. Bermuda is an island about 90 mins flight from New York City. It’s a British colony, and follows the British common laws, a well-regulated country and has built its reputation in the reinsurance industry. Bermuda has a very loose ICO regulation and has a Digital Asset Business Act. John Narraway, a Bermuda Business Development Agency consultant, shared the insight of how to set up a blockchain company in Bermuda. Bermuda’s value is around tax as it is in regulatory clarity. Every time there is a technology wave, ‘Bermuda seems to have a dog in that fight.’From the ideation to a good regulation only takes about 3 months.” To learn more about starting your Blockchain Business in Bermuda, check out Bermuda Business Development Agency website: http://bda.bm. Please follow Heidi on LinkedIn http://bit.ly/heidiyu Twitter: @heidihanyu Support Heidi's startup: BOOSTO.io Support crypto community: CryptoInfluence.io

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