[2018-04-29] The Premier Of Bermuda Signs A Partnership With Binance

[Alex077]

The Premier Of Bermuda Signs A Partnership With Binance

According to memorandum, the Binance Foundation will invest $ 10 million for various educational programs dedicated to distributed ledger technology. Also, Foundation will invest $ 5 million in local blockchain startups.
Among other things, Binance will help the government of Bermuda develop a blockchain and cryptocurrencies legal framework. Also on this overseas territory of Great Britain Binance will open office soon.
Changpeng Zhao noted that the government and regulatory officials of Bermuda are "one of the most friendly on the whole planet" and expressed confidence that his company will help develop the local economy.

In particular, David Burt expressed confidence that the partnership with Binance will create new jobs and will begin to develop an effective regulatory and legal framework that will stimulate tech innovations...https://en.bit.news/premier-bermuda-signs-mou-partnership-binance/

             

[cetald]

For countries like Bermuda, the cryptocurrency is a chance that they can not afford to miss. This would help raise the country to a new level. It is a pity that not all governments understand this.

[dE_logics]

For countries like Bermuda, the cryptocurrency is a chance that they can not afford to miss. This would help raise the country to a new level. It is a pity that not all governments understand this.

I agree. Cryptocurrency provides a great opportunity for countries without a lot of financial infrastructure to even the playing field.