AGP Executive Report
Last update: 6 hours agoOnchain finance push: Bermuda Monetary Authority CEO Craig Swan says the island’s “fully onchain economy” may need legal tweaks, including how smart contracts and share registers handle ownership, after a pilot embedded compliance checks that can freeze or block transactions. Banking deal with tech focus: Butterfield has agreed to acquire CIBC’s 91.7% stake in CIBC Caribbean Bank for about US$1.8bn, aiming for stronger cross-border payments and continued investment in digital banking and cybersecurity across Bermuda and the wider Caribbean. Mobile standards leadership: Paradise Mobile CTO Zlatko Zahirović appointed Deputy Chair of the GSMA North America Terminals Working Group, helping shape device-network standards for roaming and everyday mobile behavior. Health & care update: Mass General Brigham highlights recent advances in hip and knee replacement surgery, including improved rehab pathways and longer-lasting implants. Local innovation & compliance: Duncan Card launches a Bermuda tech compliance consultancy covering AI development, cybersecurity governance, resilience, and digital transformation. Sports tech in motion: SailGP returns to New York with speeds up to 60 mph, while Black Foils remain out due to F50 repairs. Community learning: Bermuda College signs a five-year articulation agreement with Mount Saint Vincent University to let hospitality students transfer up to 25 courses toward a bachelor’s in tourism and hospitality management.
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