Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments

Millions of Bahamas smartphone users have started using facial recognition technology to authenticate Sand Dollar CBDC payments made through smart devices.

IMF recommends the Bahamas ‘accelerate its education campaigns’ on CBDC

In addition to recommending the financial education of the public in the Bahamas, the IMF hinted at the importance of a “robust supervisory and regulatory framework” for digital assets. 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 directors “recognized the potential of the Sand Dollar to foster financial inclusion” and recommended the Central Bank of The Bahamas “accelerate its education campaigns and continue strengthening internal capacity and oversight.” The consultation was somewhat of a departure from several of the IMF’s previous warnings to many countries against the adoption of digital assets — but many of those did not include CBDCs.

'Regulations are in place to help crypto businesses understand operations,' says The Bahamas PM Philip Davis

The Bahamas Prime Minister Philip Davis shared his plans to welcome crypto businesses to the region during SALT’s Crypto Bahamas.

SkyBridge Capital’s Anthony Scaramucci expects a pro-crypto presidential candidacy

Anthony Scaramucci predicts that the next presidential candidacy will be pro-crypto and that a Bitcoin ETF will happen by the end of 2022 given recent developments on Capitol Hill. Anthony Scaramucci, the founder of the hedge fund SkyBridge Capital, thinks that the next United States presidential candidacy will likely be pro-cryptocurrency given that the US Securities and Exchange Commission (SEC) recently announced the approval of a fourth Bitcoin  (BTC)futures exchange-traded fund (ETF).During an interview at SALT’s Crypto Bahamas conference, Scaramucci told Cointelegraph that he is bullish on a pro-crypto presidential candidate since the SEC approved Bitcoin futures under the Securities Act of 1933 (‘33 Act) and the Securities Act of 1934 ('34 Act).

Everything gets politicized, including crypto, says former POTUS candidate Andrew Yang

Cointelegraph spoke with former US presidential candidate Andrew Yang at Crypto Bahamas to learn more about his thoughts on crypto and politics.

Crypto Bahamas: Regulations enter critical stage as gov't shows interest

SALT’s Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets.

Sam Bankman-Fried's Bahamian Honeymoon Phase

SBF has made FTX the hottest company in crypto, and showed off his clout at a huge event in The Bahamas.

FTX executive Wetjen calls CFTC application an opportunity for the agency to innovate

Former CFTC head Giancarlo said a “central bank mindset” is holding crypto back, and Wetjen saw the need for more entrepreneurialism in regulatory agencies. Former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known by some as Crypto Dad during his tenure from 2017 to 2019, spoke Thursday at the Crypto Bahamas conference on the topic of US crypto regulation.

Crypto Bahamas: Attendees talk the future of NFTs

As the inaugural conference presented by FTX and SALT in underway in the Bahamas, Cointelegraph gathered some key insights. The crypto community headed to Nassau in the Bahamas this week for the inaugural Crypto Bahamas conference.

Bahamian government hopes to allow residents to pay taxes with digital assets in 2022

“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. 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 on Wednesday, the Bahamas’ Office of the Prime Minister said the government will begin to “enable payment of taxes using digital assets” by working with the country’s central bank as well as the private sector.

SBF opens Aussie Blockchain Week as govt says we’re “open for business”

Sam Bankman-Fried, CEO of FTX, said the world is “very much” looking for a crypto hub in APAC, adding that other locations “haven’t played out”. FTX CEO Sam Bankman-Fried gave the opening keynote at this year's Blockchain Week, with the events of day one held at the headquarters of the Australian Securities Exchange (ASX). Addressing the event remotely from the Bahamas, Bankman-Fried used his keynote to announce the launch of FTX Australia, localizing one of the world's largest crypto exchanges by volume.

Dreamr Doubles User Base Since DMR Token Launch and Becomes Top-20 Downloaded Lifestyle App in Apple App Store

PRESS RELEASE. Dreamr Labs flagship product the Dreamr app gains significant traction after its recent $DMR token listing on Bittrex global exchange and sponsoring Charlie Rockets Dream Machine Tour #DMT21 NASSAU, BAHAMAS (OCTOBER 7, 2021) Dreamr (Ticker: DMR) is the community driven platform created for users to pursue their personal and entrepreneurial dreams.

It's now or never — The US has to prepare itself for digital currency

If the United States is still not ready for central bank digital currency, it will stay on the sidelines of tech and financial innovations. Welcome to the world of central bank digital currency, or CBDC, where big countries like China and small countries like the Bahamas are trying to mark their presence.

FTX Relocates From Hong Kong to Bitcoin-Friendly Bahamas

Founder and CEO Sam Bankman-Fried pointed to regulatory clarity as a reason behind the move.

Crypto Exchange FTX Relocates its HQ to the Bahamas from Hong Kong

Digital assets derivatives exchange FTX reportedly has relocated their headquarter to Nassau, the Bahamas, from Hong Kong, citing fewer regulation restrictions on the island nation.

Crypto Exchange FTX Establishes Subsidiaries in Gibraltar and the Bahamas

FTX, a crypto exchange led by Sam Bankman-Fried, has expanded to two new jurisdictions: Gibraltar and the Bahamas.

FTX crypto exchange expands to Bahamas with new registration

Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas. FTX, one of the world’s largest cryptocurrency exchanges, continues expanding operations by inking major regulatory approval in The Bahamas.The Securities Commission of The Bahamas has registered FTX Digital Markets, the Bahamian subsidiary of the global FTX crypto exchange, as an official digital asset business, the firm announced Sept.

Central Bank of Brazil Issues Guidelines for Its CBDC

The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country.