Bermuda has become a major player in the cryptocurrency and decentralized finance (DeFi) sectors due to its advanced regulatory framework.

This has attracted notable firms such as GRVT, the first regulated decentralized exchange, and Kraken, which has established its global derivatives venue on the island.

The developments in Bermuda demonstrate how smaller nations can effectively integrate innovative financial technologies with strict compliance measures.

This not only builds trust but also enhances the legitimacy of digital assets in the global market, serving as a benchmark for other jurisdictions navigating the evolving landscape of financial innovation.