BMA
Bermuda: The Offshore Pioneer With the World's First Digital Asset Business Act
Bermuda's Digital Asset Business Act (DABA), enacted 2018, made it the world's first jurisdiction to create a dedicated legal framework for digital asset businesses — a remarkable achievement for a 65,000-person island economy.
DABA (Digital Asset Business Act — Bermuda)
Bermuda's 2018 pioneer legislation establishing a comprehensive licensing framework for digital asset businesses, administered by the Bermuda Monetary Authority, with eight licence categories and sandbox provisions.