Informing on business and economy news in Bermuda

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AGP Executive Report

Last update: 5 hours ago

Crypto & Payments Rollout: Bermuda is moving key payment and financial-services activity onto the Stellar network, with residents set to receive wages, pay merchants, settle government fees, and use digital wallets on-chain as stablecoin-based pilots are expected. Regulatory Push for Digital Assets: Bitcoin Suisse (International) says it has secured Bermuda Monetary Authority approvals—a Class F Digital Asset Business Act licence and Class B Investment Business Act registration—positioning it for regulated digital asset management for professional and institutional clients. Financial Services in Motion: AXIS Capital declared a $0.44 quarterly dividend; Teekay and Teekay Tankers also announced special dividends alongside their quarterly payouts. Local Business & Community: Waterfront Group and Socialprise launched new e-commerce platforms, while Harbour Nights was cancelled tonight due to weather and rescheduled for next Wednesday on Front Street with fireworks. Skills & Compliance: Bermuda Police officers trained in asset recovery in South Korea as Bermuda strengthens its FATF-facing framework; Bermuda College will host a PIPA access-request workshop. People & Purpose: Martello Re scholarships launched at Bermuda College, and Focus Counselling opens its Root & Rise Healing Earth project to the public.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Premier Mark Brantley Urges Resilient Wealth Structures, Cites Nevis Financial Legacy at STEP CC2026

Premier Mark Brantley Urges Resilient Wealth Structures, Cites Nevis Financial Legacy at STEP CC2026

Bitcoin Suisse Secures Bermuda Regulatory Approvals for International Digital Asset Expansion

Bitcoin Suisse Secures Bermuda Regulatory Approvals for International Digital Asset Expansion


Reinsurance Market to Reach US$ 1,140 Billion by 2033, Growing at 8.9% CAGR Amid Rising Climate Risks
2 hours ago

Reinsurance Market to Reach US$ 1,140 Billion by 2033, Growing at 8.9% CAGR Amid Rising Climate Risks

EIN Presswire

Teekay Corporation Ltd. First Quarter 2026 Update; and Declares a Special Dividend
13 hours ago

Teekay Corporation Ltd. First Quarter 2026 Update; and Declares a Special Dividend

GlobeNewswire, Inc.

Genius Group Releases Updates on AI Education and Digital Banking Plans
May. 12, 2026

Genius Group Releases Updates on AI Education and Digital Banking Plans

GlobeNewswire, Inc.

Genius Group Launches New Digital Banking and Stablecoin Initiative Designed to Complement AI-Powered Education Platform
May. 12, 2026

Genius Group Launches New Digital Banking and Stablecoin Initiative Designed to Complement AI-Powered Education Platform

GlobeNewswire, Inc.

JAN-PRO of Memphis and Jackson Spotlights Indoor Air Quality as Spring Pollen Peaks Across Tennessee Workplaces
16 hours ago

JAN-PRO of Memphis and Jackson Spotlights Indoor Air Quality as Spring Pollen Peaks Across Tennessee Workplaces

EIN Presswire

Teekay Tankers Ltd. Reports First Quarter 2026 Results; and Declares Dividends
13 hours ago

Teekay Tankers Ltd. Reports First Quarter 2026 Results; and Declares Dividends

GlobeNewswire, Inc.

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