20Jul2021

BeesMont Law Assists 24 Exchange Bermuda to Acquire Digital Asset Business Licence

BeesMont Law Limited would like to congratulate 24 Exchange Bermuda Limited for successfully acquiring a Class T Digital Asset Business Act Licence issued by the Bermuda Monetary Authority, the first Licence of its kind in Bermuda. This new licence authorises 24 Exchange to operate in Bermuda as a digital asset exchange and as a digital asset derivative exchange provider. 24 Exchange notes that its platform is one of the fastest and most robust in the financial-technology industry. BeesMont Law Limited’s Technology & Innovation Team advised and assisted 24 Exchange in obtaining its Bermuda licence.

BeesMont Law provides advice and legal support with respect to the establishment, regulatory, compliance, and business operations of digital asset business companies in Bermuda.

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