Shyft analytics has signed a Memorandum of Understanding (MOU) with the Government of Bermuda as part of the country’s vision to establish Bermuda as place leveraging cryptocurrency and blockchain technology. There are very few countries which are crypto friendly states.
A key facet is Bermuda’s intent to achieve this within a highly regulated progressive framework with an emphasis on strong Know Your Customer (KYC), Anti-Money Laundering (AML) and compliance.