An account on X claimed that the Premier of Bermuda announced the launch of an official “national coin” at 14:00 UTC, referencing the “criminal success” of crypto projects LIBRA and CAR. There is no corroborating evidence from Bermuda’s government, major crypto media, or reputable news outlets that any such national coin has been formally announced at that time. The referenced post appears instead to be a reaction or commentary on Bermuda’s broader digital-asset strategy rather than a documented policy statement. What is verifiable is that Bermuda has recently outlined an ambitious plan to become the world’s first fully on‑chain national economy, working with Circle and Coinbase to integrate digital assets and stablecoin-based payments into government operations, financial institutions, and local businesses. This initiative builds on Bermuda’s long-standing digital asset regulatory framework under the 2018 Digital Asset Business Act and related pilots using USDC for payments and financial inclusion. While Bermuda is clearly positioning itself as a leading jurisdiction for regulated digital assets and stablecoin innovation, current public documentation describes a broad on‑chain economic framework and stablecoin infrastructure rather than the launch of a single, named “national coin.”

AI-generated background, compiled from web sources — not editorial content.

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