Bankman-Fried’s Crypto Exchange FTX Leaves Hong Kong for Bahamas


Source: bloombergquint.com bloombergquint.com

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(Bloomberg) -- .Crypto-derivatives exchange FTX is now headquartered in the Bahamas..The move, confirmed via email by an FTX spokeswoman, followed an announcement Monday that FTX Trading Ltd.’s Bahamian subsidiary, FTX Digital Markets, has been registered by the Securities Commission of the Bahamas as a digital assets business, and that Ryan Salame, former head of over-the-counter at Alameda Research, had been appointed as the CEO of FTX Digital Markets..The proactive stance taken by the Bahamas and its regulatory bodies on cryptocurrencies was one of the primary reasons for the move to the Bahamas from Hong Kong, Blockworks reported Thursday, citing comments...