Nassau, The Bahamas – Graham Thompson Partner Aliya Allen and Associate Renee Farquharson breakdown The Bahamas Digital Assets and Registered Exchange (DARE) Bill, 2019. The Bill which applies to every person engaged in digital asset business or who participates in the formation, promotion, maintenance, sale and redemption of an initial token offering in The Bahamas, is in consultation form. Amendments prior to the Bill’s passage are expected.
The GT summary discusses the overall scope of the Bill, Registration of Digital Asset Business and Registration of Limited Token Offering.
Download a PDF copy of the full summary here, Summary, Legal Requirements, Bahamas DARE Bill 2019.
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