Crypto Morning Briefing: Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal

SushiSwap to Propose Tokenomics Changes to Promote Uniswap v3 Adoption; Bahamas Calls for Tougher Regulation to Curb FTX-Like Situations; Circle Activates Protocol for Stablecoin Transfers Between Ethereum and Avalanche

Bahamas Calls for Tougher Regulation to Curb FTX-Like Situations

In a way to show it has learnt from the collapse of FTX Derivatives Exchange, the Securities Commission of the Bahamas (SCB) has introduced a whole new set of rules that will strictly guide the activities of Virtual Assets Service Providers (VASPs) looking to do business on its shores.

Bahamas Regulator Fires Back in Ongoing Feud With New FTX Leadership

The Securities Commission of The Bahamas (SCB) released a statement late on Jan. 2 seeking to correct “material misstatements” by John Ray III, who was appointed CEO of FTX following founder Sam Bankman-Fried’s resignation in November.

Bahamas Securities Regulator Says It Didn’t Order FTX To Reopen Local Withdrawals

Crypto exchange FTX was not required to allow Bahamas-based customers to withdraw their funds, a local financial regulator said Saturday.