Compliance Champions: Bermuda Regulatory Framework

Solidus Labs’ Delphine Forma speaks with Christos Efthymiopoulos, Assistant Director of Supervision (FinTech) at the Bermuda Monetary Authority (BMA).

Christos explains how Bermuda became one of the first jurisdictions to regulate digital assets and how the framework continues to evolve to support responsible innovation.

💡 Highlights from the discussion:

• How the Digital Asset Business Act (DABA) and sandbox licensing create clear pathways for startups, scale-ups, and mature firms
• Why market integrity, AML/CFT, and cyber risk sit at the heart of BMA’s supervisory approach
• How the BMA keeps updating its regime annually adopting a principles based and pragmatic approach.
• Bermuda’s forward-looking work on DeFi supervision pilots and international benchmarking against MiCA and IOSCO
• And of course, tips and best practices for applicants: transparency, proportionate governance, and compliance-first growth.

🎧 Tune in to learn how Bermuda is shaping the future of digital asset regulation.