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Bahamas Digital Assets and Registered Exchanges (DARE) Act, 2020

This Act establishes a comprehensive regulatory framework for digital asset businesses operating in or from The Bahamas, requiring mandatory registration…

What Bahamas Digital Assets and Registered Exchanges (DARE) Act, 2020 requires

This Act establishes a comprehensive regulatory framework for digital asset businesses operating in or from The Bahamas, requiring mandatory registration with the Securities Commission for conducting specified activities (Part II, Section 7) and imposing strict obligations for capital, insurance, and client asset custody.

Pillar: Crypto & Sovereign Finance · Authority: Securities Commission of The Bahamas · Version: 1.0.0 · Last updated:

Primary source: https://www.scb.gov.bs/dare/

SHA-256 integrity: 1611f39315c9620480ebe1a840278d173634112f5f5d6121c4a1ae358a8476c1

Primary Citations — 7 traced to source

  • Digital Assets and Registered Exchanges Act, 2020, Part II, Section 7 - Registration of digital asset business
  • Digital Assets and Registered Exchanges Act, 2020, Part IV, Section 23 - Capital requirements

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