Bermuda-based bank releases USD-pegged stablecoin

Bermuda’s first digital asset bank, Jewel, launched a stablecoin JUSD at the Polygon network. The company will release quarterly reporting on its reserves. On Monday, Jewel announced in a Twitter post...

Bermuda-based insurer Relm distances itself from FTX fallout

Relm Insurance, a subsidiary of the Deltec International Group, the parent company of Deltec Bank & Trust, has issued a statement attempting to distance itself from the fallout from FTX and Alamed...