On The Brink with Castle Island cover image

On The Brink with Castle Island

Martin Carrica (Mountain) and Philippe Bekhazi (XBTO) on Digital Assets in Bermuda (EP.533)

Jun 6, 2024
Martin Carrica of Mountain and Philippe Bekhazi of XBTO discuss Bermuda as a hub for digital assets, the rise of interest-bearing stablecoins, the relationship between crypto and auditors, and BlackRock's tokenized treasurys. They also talk about the challenges faced by crypto firms in the US regulatory environment and the advantages of relocating to Bermuda for a more favorable regulatory landscape.
54:03

Podcast summary created with Snipd AI

Quick takeaways

  • Bermuda's regulatory advantages attract major crypto firms like Mountain and XBTO, fostering a vibrant industry.
  • Global adoption of stablecoins and blockchain technology signals a significant shift towards digital assets adoption worldwide.

Deep dives

Bermuda as a Digital Asset Hub

Bermuda's progressiveness in digital assets regulation and its appeal to major crypto firms are highlighted. The regulatory framework and premier's support promote a vibrant industry, attracting firms like Mountain and XBTO.

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