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Bermuda Crypto Licensing: DABA 2018

In force / passed In force / passed: 17 Sep 2018 (rules published)

Regulator
Bermuda Monetary Authority (BMA)
Legal basis
Digital Asset Business Act 2018
BMA · Digital Asset Business Act 2018 (PDF)
BMA · Annual Report 2018
Official register
BMA regulated entities search (Digital Asset Business) · Format: HTML

What Is Changing

Bermuda's Digital Asset Business Act 2018 requires digital asset exchanges, custodians, payment providers and market makers to hold a BMA licence, with prudential, cybersecurity and client-disclosure rules. The BMA's regulated-entities search lists digital asset business licensees by class.

Timeline

  1. law adopted

    The Digital Asset Business Act 2018 receives assent.

    Sources: BMA · Annual Report 2018 official

  2. rules published

    With the Act in effect, the BMA publishes its licence application requirements: Class F (full), Class M (modified) licences cover exchanges, custodians, payment providers and dealers.

    Sources: BMA · Press release, 17 Sep 2018 official

A company-level tracker for Bermuda is in preparation. This page covers the rules and dates only. CSV

Cite This

VASP Tracker, “Bermuda crypto licensing: DABA 2018”, https://vasptracker.com/en/bm/ (21 Oct 2026), CC BY 4.0.