ICYMI: SALT/FTX conference highlights emerging crypto scene in The Bahamas
The Block was in attendance for the conference this week in The Bahamas.
Indeed, Ryan Salame — the co-CEO of FTX Digital Markets — told The Block in an interview that a number of firms are interested in setting up shop in the Bahamas alongside the exchange operator. In a conversation with Anthony Scaramucci, the founder of hedge fund Skybridge that the conference was a tribute to the Bahamian people and FTX’s move there.
FTX broke ground on a new office just before the conference kicked off. Salame estimated that it could house more than 1,000 people. Wetjen, for his part, graded the US a"four to five," given the flexibility in those 90-year-old regulations. To close the gap, he said, there are some barriers in current regulations that must be removed. But more importantly, there needs to be a more active embrace of the crypto industry from people at the top.
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