Crypto Bahamas Signals Closer Ties Between the Old and New Worlds of Finance

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Down in Caribbean, under palm trees and the hot April sun, about 2,000 people gathered last week for the Crypto Bahamas event, co-hosted by the FTX crypto exchange and the SALT investor forum.

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Bags were handed out with everything from sunscreen and sunglasses to t-shirts and boating caps as the air conditioner exploded at full blast. Participants even flew in from Singapore and flew in from FTX headquarters, which is about 20 minutes away from the conference.

Someone joked that it was between millionaires in suits and billionaires in cargo shorts. Anthony Scaramucci

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“We wanted to create a leading institution- and people-focused conference that will help shape policy and markets and differentiate it from more retail-focused conferences,” Brett Harrison, president of FTX.US, told TechCrunch.

Three days of speakers started with FTX CEO Sam Bankman-Fried and chairman of the OSV Anthony Scaramucci (who is also the founder and co-managing partner of SkyBridge Capital) takes the main stage to discuss where the cryptocurrency is at.

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“A lot of different things are happening – my generation needs a further, deeper dive into crypto,” Scaramucci, 58, told TechCrunch. “My generation needs to get used to where this space is headed.”

Some participants were dressed in suits while many others wore sweatshirts or T-shirts and casual shorts or jeans, setting the professional world of finance against the new—and perhaps more progressive—digital age.




Credit: techcrunch.com /

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