Jewel Bank Approved as Bermuda’s First Digital Asset Bank as Premier Burt Readies to Take Nation Into Stablecoins

Bermuda-based Jewel Bank received its full bank and digital asset business licenses from the Bermuda Monetary Authority (BMA,) becoming the island nation’s first digital asset bank, the company said in a statement. (Bermuda’s Premier David Burt will speak at Consensus 2022 in Austin, Texas, this week.)