According to Odaily, the Bahamas Securities Commission has announced that the Bahamian Parliament has passed the Digital Assets and Registered Exchanges Act (DARE 2024). This legislative move strengthens the country's position in the realm of digital asset regulation. Building on the foundation laid by the 2020 DARE Act, the new law introduces comprehensive reforms aimed at addressing the evolving landscape of digital assets and cryptocurrency markets.Christina Rolle, Executive Director of the Bahamas Securities Commission, stated, 'DARE 2024 represents a new standard in digital asset regulation. The framework we have created not only focuses on investor protection but also encourages responsible innovation, positioning the Bahamas at the forefront of global digital asset regulation.'
