IMF Warns Against Crypto Ban, Calls for Better Regulation
“While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run,” says the organization.
The Bahamas
The DARE Issue: Defining ‘Innovative’ Regulation
Ever since its announcement in April 2023, the revised DARE Bill has been referred to as innovative for the crypto industry. Put together by The Bahamian Securities Commission with support from industry experts, international committees including the Global Financial Innovation Network (GFIN) and the Financial Action Task Force (FATF), and an in-house unit ‘dedicated to […]
The DARE Issue with Christina Rolle
Speaking at Consensus in late April, the Prime Minister of The Bahamas, Philip Davis, announced the island country’s new set of regulations for cryptocurrency — the DARE Bill. While in the West an entire industry grapples with the government’s inability to offer appropriate policies and a simultaneous, punitive enforcement of laws not designed with the […]
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