Bermuda Partners with Circle and Coinbase for World’s First On-Chain National Economy

TheNewsCryptoPubblicato 2026-01-20Pubblicato ultima volta 2026-01-20

Introduzione

Bermuda is partnering with Circle and Coinbase to create the world's first entirely on-chain national economy. Announced at the World Economic Forum in Davos, the initiative aims to modernize Bermuda's financial systems, attract global digital asset investment, and establish the island as a hub for digital finance innovation. This move addresses challenges faced by local businesses, such as high costs and limited access to offshore financial services, by implementing an on-chain payment system using stablecoins like USDC for faster settlements and lower fees. Plans include pilot programs for stablecoin payments, tokenization services, and nationwide digital literacy programs. This builds on Bermuda's early crypto regulatory efforts, including the 2018 Digital Asset Business Act, which licensed firms like Circle and Coinbase.

In a move that could redefine national finance, Circle and Coinbase are collaborating with the Bermuda government to create the world’s first entirely on-chain national economy. Both companies operate as a support to integrate blockchain technology and give Bermuda the tools to process digital payments, like issuing stablecoins, and help every type of business get on-chain.

As per the press release from Circle, this collaboration was announced at the World Economic Forum annual meeting in Davos, Switzerland. Which aims not only to modernize financial systems but also to attract global digital assets investment, to support digital finance education, and establish Bermuda as a hub for digital finance innovation.

Bermuda Sees Digital Finance as a Solution

Bermuda’s idea of transition to digital financial infrastructure coincides with ongoing problems from traditional payment systems in its highly entrepreneurial economy. Mainly, the island’s jurisdictions, alongside other small and island countries, local firms frequently face high costs and restricted access to effective offshore financial services, which can put pressure on merchants.

An alternative is provided by the implementation of on-chain payment infrastructure. With that, merchants can accept dollar-denominated payments, which would allow faster settlement times and lower transaction fees by utilizing stablecoins like USDC, noted in the announcement.

Also, it states the plan for pilot programs incorporating stablecoin-based payments, as well as financial institutions’ efforts to incorporate tokenization technologies into their services. Residents will be encouraged to take part in nationwide digital financial and literacy programs. So far, no particular financial information or timetables have been released.

Bermuda’s early approach to crypto regulation

The latest initiative builds on Bermuda’s early role in digital asset regulation. In 2018, the island passed the Digital Asset Business Act, making it one of the first governments to implement a comprehensive framework, with Circle and Coinbase among the first global licensed firms.
With that, it continued at the Bermuda Digital Finance meeting 2025, with participants receiving a 100 USDC airdrop. Since then, local financial institutions started to use stablecoins. The 2026 meeting in May is expected to lead to deeper engagement across the financial services sector.

Highlighted Crypto News:

‌Revolut Seeks Full Banking Licence in Peru to Expand Latin America Push

TagsBermudaCircleCoinbase

Crypto di tendenza

Domande pertinenti

QWhat is the main goal of the collaboration between Bermuda, Circle, and Coinbase?

AThe main goal is to create the world's first entirely on-chain national economy, modernize financial systems, attract global digital assets investment, support digital finance education, and establish Bermuda as a hub for digital finance innovation.

QWhere was this collaboration announced?

AThis collaboration was announced at the World Economic Forum annual meeting in Davos, Switzerland.

QWhy does Bermuda see digital finance as a solution for its economy?

ABermuda sees digital finance as a solution because local firms frequently face high costs and restricted access to effective offshore financial services due to problems with traditional payment systems in its highly entrepreneurial economy.

QWhat specific technology will be used to facilitate faster settlement times and lower transaction fees?

AStablecoins like USDC will be used to facilitate faster settlement times and lower transaction fees for dollar-denominated payments.

QWhat prior regulatory framework did Bermuda establish that relates to this new initiative?

AIn 2018, Bermuda passed the Digital Asset Business Act, which was one of the first comprehensive regulatory frameworks for digital assets, and Circle and Coinbase were among the first global firms to be licensed under it.

Letture associate

How Does Codex Use a Computer? Three Entry Points and Permission Boundaries

This article explains the three primary methods for Codex to interact with a computer, each with distinct use cases, permission boundaries, and trust levels. **1. Computer Use:** This offers the broadest access, allowing Codex to visually control and interact with the graphical user interface of authorized macOS/Windows apps, system settings, and even iOS simulators. It's ideal for tasks lacking APIs or structured tools, such as operating legacy software or multi-app workflows. However, it's the slowest method and has the widest permission scope, requiring careful supervision for sensitive actions. **2. Chrome Extension:** This grants Codex access to the user's logged-in Chrome browser state, including cookies, profiles, and open tabs. It's best for tasks requiring user identity across websites like Gmail, LinkedIn, Salesforce, or internal dashboards. Its key advantage is multi-tab control for complex workflows. While more powerful for browser-based tasks than Computer Use, it carries higher sensitivity as actions are performed under the user's identity. **3. In-App Browser:** This is a browser isolated within the Codex thread, separate from the user's personal browsing data. It excels in web development and debugging scenarios—previewing local servers, testing responsive layouts, or annotating designs directly on the page. Its isolation is a strength for development but a limitation for tasks requiring login sessions. The core principle is to choose the narrowest, safest, and most structured interface for the task. Use plugins or MCPs first, resort to visual control (Computer Use) only for GUI-dependent tasks, employ the Chrome extension for identity-reliant browser work, and prefer the In-App Browser for isolated development. **Appshots** are clarified as a fourth, complementary tool for *inputting* context—capturing a screenshot of a window to point Codex to something—rather than a method for Codex to *act*. Together, this layered approach highlights a key to AI agent productization: not granting unlimited permissions, but constraining them within clear boundaries for specific tasks while preserving user oversight.

marsbit34 min fa

How Does Codex Use a Computer? Three Entry Points and Permission Boundaries

marsbit34 min fa

The "Iron Rule" of Chip Equipment Is Being Broken

For years, the semiconductor equipment industry followed an unwritten "iron rule": suppliers offered steep discounts for new tool introductions (Design-in) and faced consistent price pressure during repeat orders, especially during market downturns. This long-standing buyer's market dynamic is now being upended. Recently, SK Hynix's primary equipment suppliers have reportedly requested a 3-4% price *increase*, a nearly unprecedented move. This shift is driven by a severe supply-demand imbalance fueled by the AI compute boom. Securing equipment has become an urgent arms race as chipmakers' expansion speed dictates their ability to fulfill massive AI chip orders. Key areas feeling the strain include: **TCB (Thermal Compression Bonding) Equipment:** Demand is exploding, driven by the simultaneous needs of HBM4 memory stacking, AI chip Chip-on-Substrate (C2S), and logic Chiplet Chip-on-Wafer (C2W) packaging. Players like Hanmi Semiconductor, Hanwha Semitech, and ASMPT are receiving major orders. While hybrid bonding is seen as the future, TCB remains the pragmatic choice for HBM4 mass production, with its lifecycle extended by relaxed specifications and ongoing technological upgrades. **Test Equipment Bottlenecks:** Ironically, AI-driven shortages are now crippling test equipment manufacturing. Critical components like FPGAs, Driver ICs, and CPUs face severe shortages and extended lead times (up to 52 weeks for FPGAs), as AI data center and server vendors prioritize supply. This creates a paradoxical cycle: AI chip shortages drive fab expansion, which requires more test equipment, whose production is delayed because its key parts are diverted to make AI chips. The industry is entering a broad, AI-powered upcycle. SEMI forecasts global semiconductor equipment sales to hit a record $156 billion by 2027, fueled by investment in advanced logic/foundry, HBM-driven DRAM, and advanced packaging (like CoWoS). Major players like TSMC, SK Hynix, and Micron are aggressively ramping capital expenditure. In conclusion, leading equipment vendors are no longer just selling tools; they are selling the critical capability to deliver AI-era capacity. Pricing power is shifting decisively to those with indispensable technology in key process nodes like advanced logic, HBM, and advanced packaging, rewriting the industry's traditional power structure.

marsbit47 min fa

The "Iron Rule" of Chip Equipment Is Being Broken

marsbit47 min fa

Trading

Spot
Futures

Articoli Popolari

Come comprare MOVE

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Movement (MOVE) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente MovementMOVE.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Movement (MOVE)Dopo aver acquistato Movement (MOVE), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Movement (MOVE)Scambia facilmente Movement (MOVE) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

272 Totale visualizzazioniPubblicato il 2024.12.13Aggiornato il 2026.06.02

Come comprare MOVE

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di MOVE MOVE sono presentate come di seguito.

活动图片