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Caribbean
Bahamas
The Bahamas operates the Digital Assets and Registered Exchanges Act, providing one of the most comprehensive licensing frameworks for digital asset activity in the Caribbean.
regulatory maturity
Mature
market positioning
Comprehensive Framework
advisory suitability
High
institutional readiness
Established
A · Regulatory Scope
Scope, licensing and operational frame.
Scope of Regulation
DARE 2024 regulates digital asset businesses, including exchanges, custodians, advisors and token issuers under the SCB.
Who requires a licence
Digital asset businesses operating from the Bahamas.
Restricted activities
Unlicensed activity; non-permitted offerings.
Permitted activities
Licensed exchange, custody, advisory and token issuance services.
Practical & advisory implications
Substance, governance, client asset segregation and AML/CFT controls align with international benchmarks.
B · Regulatory Timeline
Evolution at a glance.
2020
Initial DARE legislation enacted.
2024
DARE 2024 comprehensive update; expanded supervisory framework.
C · News & Updates
Recent regulatory signals.
News2026-01-13
SCB publishes updated DARE supervisory expectations
D · Mercury Advisory View
"The Bahamas remains one of the most institutionally structured Caribbean regimes."
Mercury Regulatory Intelligence
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