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Digital assets summit aims to ‘rebuild trust’

By YOURI KEMP

Tribune Business Reporter

ykemp@tribunemedia.net

Organisers of a major digital assets conference that will be held in The Bahamas next month yesterday said the event will seek to “rebuild trust” in crypto exchanges and the industry generally following FTX’s implosion.

Iris Xia, marketing manager for Finoverse, organiser of the D3 Bahamas Fintech Festival, told Tribune Business: “The Bahamas government wants to build stronger on crypto currency exchanges and attract people who are working [in the] crypto industry to come to the Bahamas and set up their business.

“The way we are promoting this event is because The Bahamas is a tax-free zone, and because the Government also has lots of policies to encourage companies to set up their offices.” D3 will be held at Atlantis from October 11-12, with speakers including Prime Minister Philip Davis KC and Ryan Pinder KC, the attorney general.

Key players from the global Fintech (financial technology) industry will also be present, including Jason Lau, chief innovation officer at crypto exchange, OKX, and Henri Arslanian, co-founder and managing partner of Nine Blocks Capital Management.

D3 is meant to symbolise the intersection of decentralised finance, digitisation, and disruption of the status quo caused by the development of digital assets and blockchain technology. The conference aims to showcase The Bahamas as a hub for technological innovation.

Some 800 attendees have been invited to discuss regulation, fintech, and development of the digital economy. “The Bahamas welcomes Fintech and Web3 leaders to Nassau for three days of discourse and networking through presentations, panels and workshops,” said Christina Rolle, the Securities Commission’s executive director.

“We are excited to present a Fintech event that not only embraces technological innovation but one that will serve as a driver for the development of inclusive and effective regulation. D3 Bahamas brings Fintech and Web3 creators and builders, enthusiasts and regulators together to better understand the needs of this burgeoning community.”

Anthony Sar, co-founder and chief executive of Finoverse, added: “At Finoverse, we’ve connected Fintech and Web3 creators across Asia, Europe and the Middle East, and now we’re uniting our communities with the west. Our team is excited to join the Nassau community and host an unforgettable weekend as we welcome the next generation of Fintech and Web3 innovation to The Bahamas.”

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