Blockchain startup Uulala has become the first applicant to win approval to launch an initial coin offering (ICO) in Bermuda under the island’s new regulatory regime. Uulala is building a financial platform to solve financial problems for the unbanked population, making their financial life easier, safer and cheaper. The startup aims to provide individuals the ability to participate in secure financial transactions, create a credit profile, make money transfers, as well as receive access to entertainment and participate in e-commerce. It aims to raise $50 million in its token sale, and has already raised $10 million privately. Wayne Gaines, Minister…