Bermuda’s Virtual Currency Business Act passes through the House of Commons, UK

Late last Friday, April 27th, Bermuda’s Virtual Currency Business Act passed through the House of Commons in the United Kingdom. This week, the bill will go through the Senate and should the bill pass, it will be the most comprehensive regulation of its kind, covering the issuing, selling or redeeming tokens and cryptocurrencies, ICOs, crypto exchanges, crypto wallets and other crypto service vendors.     Joseph Weinberg, OECD Think Tank Special advisor and Chairman of Shyft, a blockchain KYC/AML solution, and Loretta Joseph, OECD Think Tank Leader, Shyft advisor and…

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