Are you a crypto business? The Bahamas are waiting for you.
, Davis shared that The Bahamas recently published a white paper framework that will allow crypto businesses to “grow and prosper,” while letting companies understand the region’s expectations. He added:
“The policy also takes into account the balance between concerns people have about cryptocurrency and the risks that come along with it. [The] policy is to protect consumers, [the] integrity of the space and at [the] same time, ensure that we minimize all risks that may be associated with these businesses.”
Davis pointed out that crypto innovation is already well underway in The Bahamas with the establishment of FTX,
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