The Bahamas Securities Commission has announced that the Parliament of the Bahamas has passed the Digital Assets and Registered Exchanges Act 2024 (DARE 2024), a move that solidifies the country's position in the digital asset regulatory space. The bill builds on the foundation laid by the DARE Act 2020 and introduces comprehensive reforms designed to address the changing landscape of the digital asset and cryptocurrency markets. Christina Rolle, executive director of the Bahamas Securities Commission, said: "DARE 2024 represents a new standard for digital asset regulation. The framework we created not only focuses on investor protection but also encourages responsible innovation, putting the Bahamas at the forefront of global digital asset regulation."