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Cabinet Approves Digital Assets Framework


“Cabinet has approved a framework to allow the Government of Bermuda to accept and invest in digital assets within a clear regulatory structure,” Premier David Burt said.

“At Consensus 2026, I joined a fireside chat with Paul Grewal of Coinbase and made two announcements related to Digital Finance in Bermuda,” the Premier said in a social media post.

“First, Cabinet has approved a framework to allow the Government of Bermuda to accept and invest in digital assets within a clear regulatory structure.

“Second, the Government is modernising the existing FinTech Development Fund so it can receive digital asset contributions from industry, alongside Government support, to help grow Bermuda’s on-chain economy and strengthen the local digital finance ecosystem.

“The goal is to ensure that Bermudians are not just spectators in the future of digital finance, but owners, builders, and active participants.”

Premier David Burt Bermuda May 8 2026

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