Bahamas Securities And Exchanges Commission Covers A Range Of New Digital Assets Issues

The Bahamas securities and trade commission (SES) has issued a chain of recent policies to cowl virtual property together with bitcoin, ethereum and litecoin.

The SES stated that the flow changed into designed to offer steerage on how cryptocurrencies have to be dealt with in phrases of securities laws.

The policies are being proposed to offer traders greater safety after they put money into virtual property. The SES additionally stated that it desires to offer readability on how those varieties of investments have to be controlled and regulated.

The SES stated that it'd trouble new guidelines for those varieties of investments:

An funding agreement is an agreement, whether or not oral or written, wherein any man or woman invests his cash with every other man or woman in a not unusualplace company with a purpose to profit.