In the last week of April, FTX, together with SkyBridge Alternatives Conference (SALT), promoted Crypto Bahamas. The event brought together big names of the crypto market and the traditional financial sector representatives.
“We have the vision to transform the Bahamas into the Caribbean’s premier digital asset center”, said Bahamas Prime Minister Philip Davis during the event’s opening, which brought debates on cryptocurrencies, DeFi, NFTs, regulation, web3, gaming, among others. The event was also attended by Bill Clinton, Gisele Bündchen, and Tom Brady.
Thiago Cesar, CEO of Transfero, participated in the presentations at Crypto Bahamas, discussing the context of global cryptoasset regulation, alongside Cristina R. Rolle, Executive Director of the Bahamas Securities and Exchange Commission, and Chloe White, Managing Director of Genesis Block.
Bahamas stands out in the crypto world
Far beyond tourism and beautiful scenery, the Bahamas has been standing out in the crypto world, especially after the government released a white paper with a vision for the industry’s future from now until 2026. The paper highlights in its introduction the success in attracting digital asset companies to the region, as was the case with FTX, which built its new headquarters in Nassau, the country’s capital, in September 2021.
Its founder, Sam Bankman-Fried, has moved to the Bahamas and has disclosed that he plans to build a hotel and shopping center complex in the country to house about one thousand FTX employees, according to The Nassau Guardian.