![Are Cryptocurrency Companies Based in the Bahamas Risky?](https://cdn.magzter.com/1401093176/1679548136/articles/pWZ1EhUQZ1679638083057/ARE-CRYPTOCURRENCY-COMPANIES-BASED-IN-THE-BAHAMAS-RISKY.jpg)
They moved their headquarters from Hong Kong to Nassau because Sam BankmanFried, the CEO and Founder of FTX, didn’t like the stringent COVID-19 travel restrictions there and he worried about Hong Kong’s independence in the future.
FTX planned to build a new $60 million facility to house up to 1,000 employees, including a boutique hotel for visitors and special guests. Because of these developments and, in great measure, because of the less-restrictive government, many cryptocurrency companies based in Singapore and Hong Kong started to consider this move to the friendly waters of the Bahamas. The Office of the Prime Minister of the Bahamas created an important whitepaper called “The Future of Digital Assets in the Bahamas.” It was front and center on the Prime Minister’s website. It was an invitation to see what FTX saw in their future on that Caribbean Island.
HYPING THE BAHAMAS
By the end of April, an all-star international event took place. This conference was by invitation only – the crème of the crop of cryptocurrency would be there. Co-sponsored by FTX, the headliners were politicians including the Honorable Philip Davis, Prime Minister of the Bahamas, Former Prime Minister of Great Britain Tony Blair, former President Bill Clinton, former Trump Communications Director Anthony Scaramucci, and a former Chairman of the Commodity Futures Trading Commission (CTFC). Other notable celebrities were quarterback Tom Brady and his then-supermodel wife Gisele Bundchen (who both spoke), and Shark Tank’s Kevin O’Leary.
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![13 Kenny Duncan Sr.](https://reseuro.magzter.com/100x125/articles/6583/1698963/zC6jbrBGm1715759942929/13-KENNY-DUNCAN-SR.jpg)
13 Kenny Duncan Sr.
NUMISMATIST OF THE CENTURY
![1935 Bank of Canada $500 English Text Boosts Heritage's World Paper Money Auction to Nearly $2M](https://reseuro.magzter.com/100x125/articles/6583/1698963/sQaAr4iHZ1715759846986/1935-BANK-OF-CANADA-500-ENGLISH-TEXT-BOOSTS-HERITAGES-WORLD-PAPER-MONEY-AUCTION-TO-NEARLY-2M.jpg)
1935 Bank of Canada $500 English Text Boosts Heritage's World Paper Money Auction to Nearly $2M
Currency from Canada showed its might in the Heritageâs World Paper Money Signature Auction held earlier this year.
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Central States Numismatic Society Honors Dennis Tucker
Publisher/author receives 2024 Q. David Bowers Award
![GOLDEN OPPORTUNITIES FOR THE HOBBYIST](https://reseuro.magzter.com/100x125/articles/6583/1698963/FybYlPSOv1715759602620/GOLDEN-OPPORTUNITIES-FOR-THE-HOBBYIST.jpg)
GOLDEN OPPORTUNITIES FOR THE HOBBYIST
JOINING THE NATIONAL COIN CLUB AND WATCHING GOLD
![Dwight N. Manley](https://reseuro.magzter.com/100x125/articles/6583/1698963/Thi-0ZdWS1715759464492/DWIGHT-N-MANLEY.jpg)
Dwight N. Manley
NUMISMATIST OF THE CENTURY
![Len Augsburger](https://reseuro.magzter.com/100x125/articles/6583/1698963/isRmQ4_JQ1715759337149/LEN-AUGSBURGER.jpg)
Len Augsburger
IN CHARGE OF DIGITIZING EVERYTHING NUMISMATIC
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New Photo Guide to Grading Morgan Silver Dollars
SECRETS OF THE CAC GRADING SYSTEM
![British Rarities Are Shining Star](https://reseuro.magzter.com/100x125/articles/6583/1698963/7iteFxonw1715758497553/BRITISH-RARITIES-ARE-SHINING-STAR.jpg)
British Rarities Are Shining Star
AUCTION FEATURES PEH COLLECTION HIGHLIGHTS
![Coin Learning for Fun & Profit](https://reseuro.magzter.com/100x125/articles/6583/1698963/lyiK8pHPF1715758190819/COIN-LEARNING-FOR-FUN-PROFIT.jpg)
Coin Learning for Fun & Profit
ARE SUMMER SEMINARS THE FUTURE?
![Canadian Coins Are Pretty COOL Eh?](https://reseuro.magzter.com/100x125/articles/6583/1698963/wb8lfPTnu1715757658214/CANADIAN-COINS-ARE-PRETTY-COOL-EH.jpg)
Canadian Coins Are Pretty COOL Eh?
Oh, Canada... The land of ice hockey, poutine, and Tim Horton's coffee has produced scores of beautiful coins that make collectors flip their toques.