The dynamics of the understanding of cryptocurrencies forces us to rethink many factors regarding what should be regulated and how. Certainly in the middle of a moment when various countries are just entering into regulatory matters regarding cryptocurrencies, Bermuda is taking decisive steps in its plans to adopt a cryptographic regulation appropriate to its local reality.
The previous work for the elaboration of the bill that would regulate the activity related to cryptocurrencies in Bermuda, has consisted of a study conducted by the Monetary Authority of Bermuda (BMA), specifically on the

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