Bitcoin Suisse expands with Digital Asset License and Investment Business Act Registration Approval in Bermuda

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

The Danish Ice Hockey Federation (DIU) has named Concordium as the Official AI Partner of the Danish national team, with the collaboration set to begin during the 2026 IIHF Ice Hockey World Championship in Switzerland.

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

The post Bermuda to Shift Financial Services to Stellar Blockchain appeared on BitcoinEthereumNews.com. Lawrence Jengar May 12, 2026 22:59 Bermuda plans to use the Stellar blockchain for financial services, aiming to lower transaction fees and become the first fully on-chain economy. The government of Bermuda is taking a significant step toward becoming the world’s first fully on-chain national economy. Speaking at the Bermuda Digital Finance Forum on May 12, Premier David Burt announced that the country will begin transitioning key payment and financial services activities to the Stellar blockchain network. This move builds on a January announcement at the World Economic Forum in Davos and highlights Bermuda’s ambition to lead in digital finance. Premier Burt emphasized the practical benefits of adopting blockchain technology, citing high transaction fees as a major hurdle for the island nation. “The lack of mobile money applications and reliance on legacy payments i

Switzerland has launched its first live municipal blockchain project through a biodiversity reward voucher system built on the Hedera network and backed by a Swiss franc-linked digital payment instrument. According to an announcement shared with crypto.news by the Municipality of…

[PRESS RELEASE – Zurich, Switzerland, May 12th, 2026] The fintech project SNC Scandic Coin (SNC) was launched by the global Scandic Finance Group (SFG). In an interview with the Neue Zürcher Nachrichten, Uwe Sellmer, a specialist in the financial sector, explained how the SNC token differs from speculative cryptocurrencies: it will serve as a regulated […]

[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 […]