The Caribbean is a region consisting of group of islands and the surrounding coasts in the Caribbean Sea. The Caribbean has a mixed developing economy. depending mainly on agriculture, tourism and natural resources. The first appearance of Bitcoin in the Caribbean was in 2015, when the first Caribbean Bitcoin exchange was founded in order to provide Caribbean citizens easy access to digital assets. This was supposed to solve some of the economic problems of the region due to the service’s law fees for transactions, ability for low cost money transfers and its effective way to keep the value of money. Bitcoin in the Caribbean is the new way to transform the Caribbean’s economy by providing such services where traditional banking is limited.
The liquidators said they would “commence disposals” of certain FTX Digital physical assets following approval from the Bahamas’ supreme court.
FTX liquidators report exchange held $2.4M ‘fleet of vehicles’ in the Bahamas
The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators’ enforcement actions in its decision to deny reg...
Nexo sues Cayman Islands financial regulator over VASP license
According to lawyers representing FTX’s provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly w...
FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations
Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had been renovated since 2021 and now had no “issues with...
SBF’s Bahamian prison reported for 'harsh' conditions and 'degrading treatment' — US State Dept
Dominica has launched a digital identity program and national token in partnership with Huobi.
Dominica works with Huobi for digital identity program
Bahamian Securities Commission, the Prime Minister’s financial intelligence unit and a financial crimes unit are all involved in the FTX investigation.
FTX under ‘active’ civil and criminal investigation: Bahamas AG
The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to “secure” FTX’s digital assets.
Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator