The Premier of Bermuda, the Hon. David Burt, JP, MP, departed Bermuda yesterday to participate in the Wyoming Blockchain Symposium after postponing his travel to support recovery coordination following Hurricane Ernesto.
This digital finance conference will take place from August 19 to 21, 2024, and was launched through a partnership between global investment platform SALT, Kraken, a leading digital asset exchange, and the University of Wyoming Center for Blockchain and Digital Innovation.
The invitation-only event will bring together 250 leading policymakers, investors, and innovators in the digital asset industry. The Premier’s attendance follows a direct invitation from the CEO of SALT, and the event hosts will cover the cost of his stay.
On Day Three (3) of the symposium, Premier Burt will engage in a featured discussion entitled “Digital Assets in Bermuda: A Conversation with Premier David Burt,” where he will share insights into Bermuda’s progressive approach to digital finance regulation.
The Premier will also meet with industry leaders and lawmakers, including United States Senator Cynthia Lummis.
“Bermuda has long been at the forefront of innovation in digital finance, and our commitment to sound regulation has made us a trusted jurisdiction for high-quality global businesses," said Premier Burt.
“Our presence at the Wyoming Blockchain Symposium will allow us to reinforce Bermuda’s role in shaping the future of digital finance. Previous engagements have successfully attracted industry leaders like Coinbase and XBTO to our ecosystem, providing jobs, economic diversification, and demonstrating confidence in what Bermuda offers.
“This visit also continues the collaborative relationship between Bermuda and the state of Wyoming in the digital asset sector. In 2021, the Bermuda Monetary Authority (BMA) and the Wyoming Division of Banking (WDOB) established a Digital Assets Memorandum of Understanding (MoU), creating a regulatory bridge between our jurisdictions.”
The Premier will depart Wyoming on August 22nd and return to Bermuda on August 23.