TOKENIZATION POLICY
The Vanderbilt Terminal for Digital Asset Policy & Regulation
INDEPENDENT INTELLIGENCE FOR TOKENIZATION POLICY, LEGISLATION & POLITICAL ECONOMY
GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91| GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91|

DABA

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.

Donovan Vanderbilt · February 24, 2026 · 7 min read

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.

Donovan Vanderbilt · February 24, 2026
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