Premier and Minister of Finance, the Hon. David Burt, JP, MP, traveled to New York City yesterday afternoon where he held a series of meetings and participated in two events at the Annual Concordia Summit.
On Monday afternoon, 24 September, Premier Burt was interviewed in a 'fireside chat' by Mercina Tillemann-Dick, Chief Operating Officer of the Global Blockchain Business Council (GBBC). The Premier discussed Bermuda’s fast-paced progress to create world-leading FinTech regulation.
Earlier today, the Premier was part of a panel discussion, entitled, “GovOS – Building a New Operating System for Government”, where he spoke about plans to make the Bermuda Government more efficient through the use of technology.
Premier Burt provided an overview of the meetings he had, “While in New York, I took the opportunity to meet with Sandra Ro, the CEO of the Global Blockchain Business Council to advance plans to host a GBBC retreat in Bermuda next spring.
“I also met with Mr. Michael Casey a well know author, who is with the Digital Currency Initiative at MIT. We discussed collaboration opportunities between Bermuda and MIT.
“Earlier this afternoon, I met with the CEO of BlockRe – a company offering crypto-asset risk insurance. They had heard about what Bermuda is doing in the FinTech space and wanted to discuss how they can set up operations in Bermuda. This is the latest in a string of companies that will be setting up physical operations in Bermuda which will create employment opportunities for Bermudians.
“The meetings and participation in the conference were opportunities to continue to highlight Bermuda as a leading jurisdiction for FinTech companies."
The Premier returns to Bermuda this evening.