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Start-up targeting digital media push

A Bahamian start-up aims to transform the digital media sector by providing platforms that offer the greatest marketing potential for business clients.“We’re on the cusp of something big,” said Marc Hohnstein, co-owner of TAHM Management and Marketin

Crypto mining ban 'begs explanation'

A Bahamian digital assets entrepreneur says the Securities Commission's decision to ban crypto currency mining in the revised Digital Assets and Registered Exchanges (DARE) Bill warrants further explanation.

FTX US chief ‘in contempt’ over Bahamian court order

The Securities Commission’s top executive has accused FTX’s US chief of being “in contempt” of the Supreme Court by blocking access to the collapsed crypto exchange’s cloud-stored system and digital assets.

‘FTX chief planned $256m sell-off behind our backs’

FTX’s Bahamian liquidators have accused their US adversary, aided by its local law firm, of going behind their backs in attempting to sell $256m worth of real estate domiciled in this jurisdiction.

Chamber unveils digital committee

The Chamber of Commerce has launched its own Digital Transformation Committee (DTC) to ensure the private sector’s needs are met by the government’s technology transformation efforts. Formally unveiling the new committee, the Chamber said it will wo

Fostering human innovation key to digital transformation

In the ever-evolving landscape of digital transformation, it is easy to get swept up in the wave of technological advances. However, amid the algorithms and automation, the human element remains an integral factor for success. Building a culture of innovation is not just about implementing the latest technologies, but fostering a mindset that encourages creativity, adaptability and collaboration among the workforce.

Digital move a sensible one

I congratulate the government on taking the step of moving payment of NIB benefits to digital wallets. This is a step in the right direction to diminishing, if not terminating, long lines at NIB, social services, food stores, and other service places. Unfortunately, as I write, the morning after the PM’s speech, I see, in social media, long lines on Tonique Williams Darling highway. It is said that the line represents people waiting for vouchers at the “union building”.

Probe into ‘legitimacy’ of $7.7bn FTX withdrawals

FTX’s Bahamian liquidators are probing whether $7.7bn was withdrawn from its local subsidiary via “legitimate” transactions as they yesterday revealed virtually all countries are represented in its 2.4m-strong client base.

AG tells world: Don’t blame us over FTX

The Attorney General last night blasted that it was “a gross oversimplification of reality” for the world to blame The Bahamas for FTX’s collapse as no country had moved “as quickly” to tackle the crypto exchange’s implosion.

Liquidators to go after FTX Bahamas payouts

The joint provisional liquidators for FTX’s Bahamian subsidiary are “guaranteed” to go after any payouts to local investors if they violated the Supreme Court freeze imposed as the crypto exchange imploded, it was revealed yesterday.

Sam Bankman-Fried ‘wants to be heard’ in FTX Bahamas wind-up

FTX’s founder says he “wishes to be heard” at today’s Supreme Court hearing on the winding-up petition intended to place the crypto exchange’s Bahamian subsidiary into full liquidation.

Provider for digital B$ ‘will not be greedy’

The digital Bahamian dollar’s technology provider yesterday pledged to “open up” opportunities for local start-ups and financial operators, and promised: “We won’t be greedy.”

FTX Bahamas wind-up ‘halted’ if no Ray deal

FTX’s Bahamas wind- up “would be halted” without a deal with their US adversary, its liquidators have revealed, as they seek an extension to the legally-mandated 90-day deadline to hold a first creditor meeting.

RBC’s ‘great injustice’ to the Family Islands

A CHAMBER of Commerce executive yesterday accused Royal Bank of Canada (RBC) of doing the Family Islands “a great injustice” through their continued branch closures and exits.

IDB loan to go towards to e-government services

THE digital transformation of the Bahamas Cabinet and all government services will soon become a reality through a $30-million Inter-American Development Bank (IDB) loan that is expected to be executed within the next two to three weeks by the Government of the Bahamas, according to a cabinet minister.

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