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” FTX under ‘active’ civil and criminal investigation: Bahamas AG “ The Bahamas Attorney General (AG) and Minister of Legal Affairs Ryan Pinder has confirmed that the collapsed crypto exchange FTX is the focus of an “active and ongoing” investigation by authorities from the Caribbean nation. In a national statement that was delivered live on the…
” Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator “ The Securities Commission of The Bahamas says the continued “hacking attempts” on FTX’s digital assets prove they made the right call to take control of the exchange’s assets on Nov. 12. In a statement on Nov. 23, the commission said…
” Bahamian liquidators reject validity of FTX’s US bankruptcy filing “ Brian Simms, the court-appointed provisional liquidator overseeing the bankruptcy proceedings of FTX Digital Markets in The Bahamas, has called into question the validity of a Chapter 11 bankruptcy filing by subsidiary FTX Trading and 134 other affiliates in a Delaware court on Nov. 14….
” Bahamas supreme court approves ‘provisional liquidators’ for FTX “ The Supreme Court of the Bahamas — where FTX Digital Marketsis headquartered — has approved two provisional liquidators to oversee the crypto exchange’s assets. According to a Nov. 14 announcement from the Bahamas’ Securities Commission, the country’s supreme court approved the appointments of PricewaterhouseCoopers advisory…
“Family stranded in Aruba after autistic teen’s plane outburst” A New Jersey family’s trip to Aruba turned into a nightmare when their autistic son’s outburst got them kicked off the plane and left them stranded on the island for a month, according to reports. Jamie Greene, her boyfriend Carlos Pacheco and their three children enjoyed…
” IMF recommends the Bahamas ‘accelerate its education campaigns’ on CBDC “ The International Monetary Fund, or IMF, has turned its attention to the Bahamas’ central bank digital currency (CBDC), the Sand Dollar, and suggested additional regulatory oversight and education. Reporting on a consultation with the Caribbean nation on Monday, the IMF said its executive…
” Bahamian government hopes to allow residents to pay taxes with digital assets in 2022 “ Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or CBDC, to pay for taxes. In a white paper on the future of digital assets released…
” From beer to Bitcoin as legal tender: a BTC education in Roatán “ Few crypto enthusiasts around the world could point to the remote island of Roatán prior to the Bitcoin (BTC) 2022 conference in Miami. Dušan Matuska was one of them, a Bitcoin educator whose plans to open a Bitcoin education center in…
“Recorded music revenue hit record high in 2021” According to the Recording Industry Association of America, recorded music brought in $15 billion last year, nearly percent more than in 2020. Photo by General Photographic Agency/Getty Images. The Recording Industry Association of America (RIAA) have released their annual report on recorded music revenue. According to…
“# NFTs, payments and conferences: Crypto in Latin America in 2021 ” In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region. A slew of conferences, associations, new regulations and nonfungible token (NFT) projects as well as the global bull market made…