Bahamas | ForkLog

ForkLog 7 26.04.2023

Bahamas regulator tightens rules for crypto firms

The Bahamas Securities Commission (SCB) has presented for public consultation a bill on digital assets and registered exchanges (DARE). The initiative followed the collapse of the regulator-supervised FTX.

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ForkLog 10 30.12.2022

Bahamas regulator values blocked FTX assets at $3.5 billion

The Bahamas Securities Commission (SCB) took custody of the local FTX unit's deposits for safety reasons. As of November 12, the digital assets were worth more than $3.5 billion, the regulator said.

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ForkLog 5 15.12.2022

Bahamas authorities learned of possible fraud by FTX in November

Ryan Salame, head of FTX's Bahamas division, warned the local regulator about potential fraud by the cryptocurrency exchange two days before the bankruptcy filing, according to court documents.

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ForkLog 8 24.11.2022

Bahamas regulator responds to FTX allegations

The Bahamas Securities Commission (SCB) rejected FTX's allegations of unauthorized access to the assets of the exchange's Bahamas-registered subsidiary.

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ForkLog 4 16.11.2022

FTX Bahamas unit seeks Chapter 15 bankruptcy protection in the United States

FTX Digital Markets (FDM), the Bahamas-based subsidiary of FTX, filed in the Southern District of New York a petition under Chapter 15 of the U.S. Bankruptcy Code. Bloomberg reports.

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ForkLog 12 15.11.2022

Bahamas court approves temporary liquidators for FTX Digital Markets

The Bahamas Supreme Court granted the Securities Commission's request to appoint temporary liquidators for FTX Digital Markets (FDM).

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ForkLog 10 04.11.2022

OKX secures Bahamas registration.

The cryptocurrency exchange OKX has registered in the Bahamas as a digital asset company.

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ForkLog 9 24.09.2021

FTX moved its headquarters from Hong Kong to the Bahamas

The cryptocurrency exchange FTX moved its headquarters from Hong Kong to the Bahamas due to a favorable regulatory stance. Bloomberg reports this, citing a company representative.

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ForkLog 13 21.09.2021

FTX launches regulated platform in The Bahamas

The subsidiary of the cryptocurrency exchange FTX has been registered by the Securities Commission of The Bahamas as a digital assets business.

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ForkLog 5 05.05.2021

Bahamas to link CBDC wallets to banking infrastructure

By the summer of 2021 the Bahamas will connect mobile wallets for the Sand Dollar to the systems of commercial banks.

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ForkLog 37 21.04.2021

PwC: Bahamas and Cambodia Lead CBDC Development Ahead of China

Bahamas and Cambodia lead CBDC development, ahead of China, according to PwC.

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ForkLog 15 18.02.2021

Mastercard to issue prepaid card supporting Bahamas CBDC

The Mastercard payment system plans to issue a prepaid card supporting the Bahamas CBDC.

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