This is a Bahamas news story, published by CoinGape, that relates primarily to The Securities Commission news.
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crypto regulationCoinGape
•69% Informative
The Securities Commission of the Bahamas introduced the DARE Act 2024 today, July 31 .
The new act aims to prioritise investor protection surrounding digital assets.
The act comes riding the back of the Dare Act 2020 , streamlining the nation’s approach to handling the dynamic cryptocurrency sector.
This act also follows FTX 's recent liquidation election process for its customers.
FTX Digital Markets Ltd. launched an election process in the aftermath of the collapse.
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