Jewel Bank, a banking platform for the digital asset economy, has received approval from the Bermuda Monetary Authority (BMA) for its combined full bank license and digital asset business (DABA) license.
Jewel Bank is Bermuda's first new bank in over twenty years and first digital asset bank. Jewel's services address the core banking, payments, and settlement needs of many of the world's largest global digital asset firms and exchanges, via API or web. As a full license Bermudian bank, Jewel Bank will service digital asset firms (B2B) around the world in any non-sanctioned jurisdiction, as well as the US.
Hedge fund-style total return swaps raise new risks for sovereign bondholders
Governments including Senegal, Angola and Nigeria are increasingly using total return swaps (TRS) to raise funding from banks, but the…
More
Jain Global adds two senior equity PMs in London
Jain Global has strengthened its London equities operation with the appointment of two senior portfolio managers, continuing to build out…
More
Bridgewater calls for AI tax and public ownership to spread benefits of tech boom
Bridgewater Associates is calling for policymakers to take action to ensure the economic benefits of artificial intelligence are shared…
More
