Bahamas Tightens Crypto Laws with DARE 2024 After FTX Collapse
The Bahamas parliament has approved The Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) in an attempt to strengthen its cryptocurrency regulations following the collapse of FTX, which was based in the country. The Securities Commission of The Bahamas announced the passing of the new crypto law on Tuesday, which comes after the November 2022 bankruptcy of FTX. The law is aimed at regulating digital assets and registered exchanges in the island-nation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Toncoin, VeChain, & Litecoin: Bull Run Outsiders or Cryptos Ready for a Massive Takeoff?
FBI seizes Polymarket CEO’s phone and electronics: report
French fast-food chain Furahaa Group to list FURA tokens on INX Platform
Trending news
MoreCrypto prices
More
