The Bahamas' Parliament passed the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), The Securities Commission of The Bahamas announced on Tuesday.
Cryptocurrency insurance underwriter Evertas, a Lloyd’s coverholder, has teamed up with smart contract-based insurance marketplace Nayms to offer the on-chain policies.
Last month, a senior regulator warned an audience of industry goers to fall in line with the precedents set in the recent cases it has filed against crypto entities.