Crypto Exchange Bermuda: What You Need to Know About Trading in Bermuda's Crypto Landscape
When you hear crypto exchange Bermuda, a jurisdiction known for clear digital asset rules and licensed crypto businesses. Also known as Bermuda’s crypto regulatory hub, it’s one of the few places where crypto firms can operate legally under a structured framework. Unlike many countries that ban or ignore crypto, Bermuda created the Digital Assets Business Act in 2018 — a law that actually requires exchanges to get licensed, prove security, and report regularly. This isn’t just paperwork; it’s a filter. Only serious, compliant platforms survive there.
That means if a crypto exchange is based in Bermuda, it’s likely vetted by the government. That’s rare. Most offshore exchanges hide in places with no oversight — but Bermuda doesn’t allow that. The Bermuda Monetary Authority, the official regulator overseeing all digital asset businesses. Also known as BMA, it checks things like cold storage, KYC procedures, and anti-money laundering systems. If you’re looking for a trustworthy platform, a Bermuda license is a strong signal. But here’s the catch: very few exchanges actually apply. The process is slow, expensive, and demanding. So while Bermuda is a safe place to trade, it’s not a big hub like Singapore or Switzerland.
Most users don’t trade directly on Bermuda-based exchanges — they use them as backends or compliance partners. For example, a U.S. trader might use a platform that’s licensed in Bermuda but operates globally. That’s why you’ll see Bermuda mentioned in legal disclaimers, not on trading dashboards. The real value isn’t in the location — it’s in the rules. If a crypto exchange claims to be based in Bermuda, ask for its license number. If they can’t show it, they’re lying. And if they can? You’re dealing with one of the few platforms that actually play by the rules.
What you’ll find in the posts below are real reviews of exchanges that either operate in Bermuda or are affected by its rules. You’ll see how Bermuda’s stance impacts global trading, why some platforms avoid it, and how regulators there are shaping what’s allowed — and what’s not. You’ll also see how other countries, like the U.S. and the U.K., respond to Bermuda’s model. This isn’t about hype. It’s about understanding who’s really following the law — and who’s just pretending.
CrossTower Crypto Exchange Review: Institutional Ambitions and Retail Reality in 2025
CrossTower was a Bermuda-based crypto exchange launched in 2020 with institutional ambitions. By 2025, it's inactive. Learn why it failed, how Wilshire Indexes dropped it, and what to do if you still have funds on the platform.