US-Based Company Becomes First to Get Cryptocurrency ICO Approval from Bermuda

A fintech company based in the United States has become the first company to get approval from the Bermuda government to launch a cryptocurrency ICO.

A New Era for Bermuda

A US-based fintech company, Uulala, created a milestone by becoming the first company to gain ICO approval from the Bermuda government. The approval follows Bermuda’s new regulatory framework which came into effect earlier in the year.

As reported by The Royal Gazette, the announcement came during the Bermuda Executive...

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