Managers of Wealth Offshore

The Role of Independent Directors in the Digital Assets Industry for Cayman Investment Funds

Globally, regulatory approaches to digital assets vary, but a trend toward convergence is emerging.

PwC report: AI could be big economic boost for Cayman and region

“Cayman’s position as a global hub for investment funds, and its growing prominence in re/insurance positions it well to lead in this next wave of digital transformation,” Sunley said.

Anchorage Digital to acquire Mountain Protocol

Mountain Protocol, backed by Multicoin Capital with a recent $8 million Series A, is the company behind USDM – a multi-chain stablecoin fully backed by United States Treasuries.

Coinbase AM selects Apex Group to provide digital fund administration services amid surge in digital asset adoption

This mandate further strengthens Apex Group’s strategic alliance with Coinbase AM

CoinShares Announces Q1 2025 Results

Effective 1 January 2025, the Group has amended its functional and presentation currency from GBP to USD

Why world leader crypto exchange Binance moved to Malta

The regulatory framework includes guidelines for initial coin offerings, exchange businesses, and general protocols for businesses operating broadly within the industry.

Carey Olsen and Oak Group support MoonPay with Jersey VASP registration

The Carey Olsen team was led by partner Chris Griffin, assisted by regulatory specialist Sophie Hancock and associate Tshogofatso Dhlamini.

National Trust launches new app

“It took over a year to produce,” said Laura Butz, marketing manager at the National Trust.

US warms to crypto but Bermuda still home for XBTO

XBTO was the second crypto firm to be licensed by the Bermuda Monetary Authority.

BermudAir to offer stablecoin payment for flights

“We’re eliminating the friction of currency exchange and foreign transaction fees,” said Adam Scott, founder and chief executive of BermudAir.

‘Bermuda offers advantages in genetics, cryptocurrency’

Mr Disparte praised Bermuda's hands-on regulatory approach.

Crypto Corner: The Island has a ‘royal’ blockchain opportunity

The Jersey Financial Services Commission could pilot a blockchain task force. Jersey has a “royal” opportunity to become a blockchain hub for “offshore transparent finance”.

Cayman Islands could be future hub for AI business

But the PwC research points to a potential 15% increase in global economic output over the next decade

Channel Islands AI Agency sees “major growth”

From automating complex workflows to supercharging customer service, AI offers tangible solutions to everyday problems faced by Channel Island businesses.

Guernsey company recognised among World’s top innovators in financial crime prevention

RuleWise serves banks, insurers, trust companies, VASPs and regulators operating in multi-jurisdictional environments

PwC: AI could boost economic output by 15%

The report also suggested that over the next decade, industries would reconfigure to meet human needs in new ways

Data Protection in the Cayman Islands

The DP Act also sets out the rights of individuals to control their personal data

Microsoft vulnerability volume reaches new peak

The findings align with BeyondTrust’s 12th annual report, which showed that 2024 marked a record year for Microsoft software vulnerabilities.

Failure to adapt to AI could put reinsurance sector at risk

Beattie advised reinsurance companies that wanted to increase the use of technology to start slowly and expand as they gained trust in the systems.

AI could help make Jersey £2.8bn annually

Despite these challenges, 30% of organisations have now implemented artificial intelligence, and embracing automation and technology was cited as the top tip for boosting productivity.

FinTech