Bahamas

Tether expands banking network with Britannia Bank, amidst concerns over transparency and ties with conventional financial systems.

The DOJ has dropped political contribution charges against SBF.

Spheroid is an AR/XR platform that uses the SPH utility token for powering all the activities in its ecosystem.

The Bahamian regulator has said they hold over $3.5 billion in FTX customer funds until a Supreme Court decision.

Sources suggest that the charges against SBF include wire fraud, wire fraud conspiracy, securities fraud, and securities fraud.

FTX allowed withdrawals for Bahamian residents so that the exchange could ‘have a future’.

Bankruptcy filings show that Alameda Research did not pay many of their bills.

Bahamas authorities also extended warnings stating they would book any companies or individuals involved in any unlawful dealings by FTX.

Former CEO of FTX, SBF, did not comment on reports that the business had misused client monies or other controversies.

It’s unknown what funds FTX used to buy at least 19 luxurious condominiums and other properties worth over $121 million.

Testing for the digital Ruble will start in 2022.

CBDCs are gaining significant traction as more countries seek to create digital versions of their currencies.

CBDCs are gaining significant traction as more countries are seeking to create digital versions of their fiat currencies.