What is the DARE Act?
The Digital Assets and Registered Exchanges (DARE) Act is the law of The Bahamas for digital asset businesses and their exchanges. The Securities Commission of The Bahamas supervises the businesses it registers.
Answer
The Securities Commission of The Bahamas registered Agio Digital Ltd. as a Digital Asset Business under the Digital Assets and Registered Exchanges (DARE) Act, registration DARE-DAB-015, effective 17 July 2023.
The Digital Assets and Registered Exchanges (DARE) Act is the law of The Bahamas for digital asset businesses and their exchanges. The Securities Commission of The Bahamas supervises the businesses it registers.
Agio offers multi-signature and cold-storage custody, the Private OTC Desk for large-block execution, and administration of funds that hold digital assets.
Yes. The Securities Commission of The Bahamas also licenses Agio Digital as an Unrestricted Fund Administrator, with delegated authority to license SMART Funds and Professional Funds.