Bahamas central bank draws up crypto asset regulations

crypto-coins

The Central Bank of the Bahamas has a proposed a new regulatory framework for crypto assets after it claimed current frameworks were too “fragmented” to properly manage risks.

“The central bank intends to take an approach which aligns with best practices on oversight of crypto instruments,” the regulator says in a consultative document published on November 7.

In creating the new regulations, the central bank has focused on the use cases of crypto assets and will design or alter current

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: