Bermuda to Shift Financial Services to Stellar Blockchain

The Bermuda-based asset manager launched a tokenized liquidity fund using Chainlink and Sygnum infrastructure, with JPMorgan providing daily NAV data for pricing.

The post XLM Price Prediction: Stellar Foundation Partners with Bermuda appeared on BitcoinEthereumNews.com. Stellar has entered a major national payments partnership with the Government of Bermuda as the island moves forward with its plan to become the world’s first fully onchain economy. The Stellar Development Foundation and Bermuda announced that key payment and financial services activity will begin moving onto the Stellar network. The plan includes digital wallets, stablecoin-based payments, merchant settlement, public-sector payment systems, and possible government disbursements. The announcement follows Bermuda’s January 2026 statement at the World Economic Forum, where officials said the island intended to build a fully on-chain national economy. The latest step marks the first operational phase of that plan. Bermuda has already built a digital asset regulatory base through the Digital Asset Business Act of 2018. Officials said that the framework gives the country a foundation

The Stellar Development Foundation and the Government of Bermuda have announced that the island nation will begin moving key payment and financial services activity onto the Stellar network — marking the first operational milestone in Bermuda’s stated ambition, declared at the World Economic Forum in January 2026, to become the world’s first fully on-chain national economy. Related Reading: Bitcoin Rally At Risk: This Critical Resistance Could End BTC’s Bullish Run The partnership, announced via Stellar’s official press release, is not a pilot study or a working group. It is the beginning of a live deployment. Bermudian residents will be able to receive wages, pay local merchants, settle government fees, and hold, send, and receive digital assets through digital wallets on the Stellar network. Government agencies expect to pilot stablecoin-based payments. Financial institutions will be able to integrate tokenization tools. Social service disbursements are also being explored as a use c

[PRESS RELEASE – Zug, Switzerland, May 12th, 2026] Bitcoin Suisse (International) Ltd., an affiliate of the Bitcoin Suisse Group, has received a Class F license under Bermuda’s Digital Asset Business Act and Class B registration approval under the Investment Business Act from the Bermuda Monetary Authority, authorising regulated digital asset management and investment advisory services […]

The post DOGE Price Prediction: $0.16 Target by Year-End Despite Current Consolidation Trap appeared on BitcoinEthereumNews.com. Lawrence Jengar May 12, 2026 07:14 Dogecoin sits in a dangerous technical dead zone at $0.11 with smart money bullish but aggressive selling dominating. 65% probability of breaking toward $0.16 by December, contingent on escaping th… DOGE’s Technical Reality Check Dogecoin is trapped in technical purgatory right now. With RSI sitting at 60.55, we’re seeing classic neutral territory behavior—neither oversold bargain hunting nor overbought exhaustion. The MACD histogram flatlined at zero screams indecision, while price action hugs every major moving average like a scared child. The Bollinger Band position at 0.68 tells the real story here. DOGE is camping in the upper half of its recent range but can’t punch through that $0.12 ceiling. When a meme coin gets this technically boring, it’s either building energy for a breakout or setting up for a

Bermuda Premier David Burt announced several crypto-related initiatives to bring the island nation closer to the industry, including accepting and investing in digital assets and on-chain financial services.

Zug, Switzerland, 12th May 2026, Chainwire