FTX Strikes Headquarters From Hong Kong to Bahamas — CoinDesk

“FTX is dedicated to sustaining a detailed working relationship with native regulators to assist promote the expansion of crypto and is furthering its dedication to offering all our purchasers with a secure, reliable and compliant alternate,” an FTX spokesperson mentioned when requested why the corporate had made the transfer. “As jurisdictions, just like the Bahamas, roll out complete crypto regulatory regimes, we’re excited to participate by establishing a neighborhood presence.”

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