Press Release May 2, 2018

Premier Signs Agreement with Digital Currencies Consultant

From: The Cabinet Office with Responsibility for Government Reform
BusinessDoing Business in BermudaEconomic developmentGovernmentOur GovernmentResidents
Premier Signs Agreement with Digital Currencies Consultant

The Premier and Minister of Finance, the Hon. David Burt, JP, MP, today announced the signing of an agreement with Mr. Gabriel Abed, Founder of BITT, Inc and the Founder of Digital Asset Fund. Mr. Abed will be a consultant and advisor to the Government of Bermuda.

In making the announcement, Premier Burt stated, “Mr. Gabriel Abed, is a digital assets and blockchain technology expert, who I met earlier this year, however I have been following his work long before then. Mr. Abed is a recognized Caribbean authority on digital currencies, math based protocols and blockchain technology. I am pleased to announce that Mr. Abed has agreed to provide his advice and expertise to the Government of Bermuda on digital assets and blockchain technology.”

Premier Burt added, “The significance of the agreement is that Mr. Abed brings his extensive knowledge to Bermuda at no cost to the tax payer. I am extremely grateful to have his expertise as Bermuda moves forward with our Fintech strategy. I sincerely thank Mr. Abed for his generosity.”

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