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Atlantic
Bermuda
Bermuda operates the Digital Asset Business Act under the BMA, providing one of the longest-established comprehensive digital asset frameworks in the Atlantic region.
regulatory maturity
Mature
market positioning
Insurance & Digital Asset Hub
advisory suitability
High
institutional readiness
Mature
A · Regulatory Scope
Scope, licensing and operational frame.
Scope of Regulation
The Digital Asset Business Act regulates exchanges, custodians, wallet providers and issuers under BMA supervision.
Who requires a licence
Digital asset businesses operating from Bermuda.
Restricted activities
Unlicensed activity; non-permitted offerings.
Permitted activities
Licensed digital asset business activity under defined classes.
Practical & advisory implications
Substance, governance, AML/CFT controls and client asset standards apply.
B · Regulatory Timeline
Evolution at a glance.
2018
Digital Asset Business Act enacted.
2022
Framework expanded with operational guidance.
2024
Tokenisation pathways refined.
C · News & Updates
Recent regulatory signals.
News2026-01-11
BMA publishes updated DABA supervisory guidance
D · Mercury Advisory View
"Bermuda remains one of the most institutionally credible Atlantic jurisdictions for digital asset activity."
Mercury Regulatory Intelligence
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