The Premier and Minister of Finance, the Hon. David Burt, JP. MP., travelled to a CoinDesk Consensus event held in Austin, Texas during the period 26th - 28th April, 2023. The Premier was joined by a Bermuda Government official, and representatives from the Bermuda Business Development Agency (BDA), the Bermuda Monetary Authority (BMA), and various industry partners, including Walkers, NEXT, Penrose Partners, Appleby, and Carey Olsen.
The Premier and Bermuda delegation began the event by attending sessions and participating in a number of business development meetings with industry leaders and stakeholders. The first day culminated with the first large-scale Bermuda reception at CoinDesk Consensus hosted by the BDA, in partnership with Walkers and NEXT, the first digital asset industry group who were announced at Consensus last year.
One the second day, the Premier joined Michael Casey, CoinDesk's Chief Content Officer, on the main stage, for a keynote discussion entitled "Bermuda's Strict but Progressive Path to Crypto Hub Status" . During this discussion, the Premier explained how Bermuda was focused on positioning itself as a leader in regulating digital assets, and attracting global companies such as Circle, Cash App, and Coinbase. These companies received full licenses from the Bermuda Monetary Authority, a week prior.
The keynote discussion was preceded by a live interview with "First Movers" for CoinDesk TV. The Premier discussed the state of regulations for digital assets, and Bermuda's comprehensive framework. The Premier ended his time at Consensus by joining the BlockCo Podcast.