About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

STS Digital Ltd. Secures Full Digital Asset Business Licence from Bermuda Monetary Authority

Subscribe to our newsletter

STS Digital Ltd. has been granted a Full ‘F’ Licence by the Bermuda Monetary Authority (BMA) under the Digital Asset Business Act 2018. This represents the highest level of regulatory authorisation in the jurisdiction, placing the firm alongside major institutional entities such as Circle, Coinbase International, and Payward. The milestone marks the final stage of the BMA’s rigorous licensing pathway, making STS Digital one of only a few companies to have successfully completed the entire transition from testing to full graduation.

The firm’s regulatory journey spanned three years, beginning with a Test Licence in May 2023. This was followed by a Modified Licence in April 2025, culminating in the Full ‘F’ Licence on 30 April 2026. By progressing through every stage of the framework, STS Digital has demonstrated compliance with one of the world’s first comprehensive digital asset regimes.

Bermuda remains a premier international financial hub, boasting Solvency II equivalence with the European Union and hosting the third-largest insurance market globally. The BMA’s oversight provides a robust institutional foundation for digital asset businesses, ensuring high standards of transparency and security within the sector. This approval reinforces STS Digital’s position within a highly regulated global marketplace.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: From 24/7 to Event-Driven: Engineering the Next-Generation Exchange Platform

What digital asset and prediction markets are teaching traditional exchanges about availability, agility and time-to-market. New market structures and regulatory changes are forcing exchange operators to rethink the foundations of their technology stacks. Digital asset exchanges, prediction markets and retail-driven platforms have normalised 24/7 trading, continuous availability and rapid product iteration. In contrast, many traditional...

BLOG

Sphinx Targets 24/7 Energy Markets with Blockchain-Enabled Derivatives Exchange

A new entrant to the energy derivatives landscape is preparing to test whether modern trading infrastructure can reshape how energy risk is managed. Sphinx, a startup exchange operator, is developing a platform designed for continuous trading and near-instant settlement in energy derivatives, initially targeting U.S. natural gas and electricity markets. The Sphinx Global Commodity Exchange...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

The Global LEI System – Slow but Sure

After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...