NASSAU, Bahamas–(BUSINESS WIRE)–The Securities Commission of The Bahamas (“the Commission”), in partnership with the Government of The Bahamas, announced today that the country will host a global FinTech and Web3 Festival, from January 24 to 26, 2023, at the Atlantis Hotel , Nassau, Bahamas. Branded as D3 Bahamas (Decentralized | Digital | Disruptive), the in-person festival aims to host over 3,000 industry leaders from across the Americas, the Middle East, Europe and Asia.
The festival will help shape global, regional and industry agendas in FinTech, including Web3, Digital/Crypto Assets, Decentralized Finance (DeFi), Central Bank Digital Currency (CBDC), Green Finance and more.
Commenting on the launch of D3, Minister of Economy, Senator the hon. Michael Halkitis said, “the government aims to significantly grow the digital asset sector in The Bahamas and through this festival bring FinTech thought leaders, entrepreneurs, enthusiasts and people with a deep interest in this space to our shores.”
Commission Executive Director Christina Rolle said: “The Commission is pleased to partner with the Government to host D3 Bahamas. The festival represents a proactive initiative by the Commission to lead the regulatory discussion on FinTech and to address solutions that will inform the future of FinTech and Web3, in the Bahamas and globally.”
D3 Bahamas is a week-long Fintech festival consisting of five tracks:
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Regulatory Showcase: Global regulators gather to share information, knowledge and experiences related to FinTech and to collaborate on regulatory FinTech issues, trends and risks.
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Venture Capital Forum: Active investors set the agenda for the coming year and tackle the issues limiting the growth and use of FinTech and Web3, etc.
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D3 Startup Battle: Scaling up Web3 technology companies from around the world compete for venture capital funding.
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Bahamas Spotlight: Opportunities for Bahamian professionals from various sectors including law, accounting, real estate, tourism, sports and the arts to highlight the jurisdiction’s offerings and talent across a range of sectors.
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Dozens of networking/site events.
Finoverse is the official organizer of D3 Bahamas. The firm has been organizing Hong Kong FinTech Week since 2015. CEO and co-founder, Anthony Sar commented: “We are delighted to partner with the Bahamas Government and the Commission to expand our international FinTech expertise with D3 Bahamas. The event will focus on three global trends that are reshaping financial services today: digitization, decentralization and disruption. As more global computing power has driven down computing costs, everything digital is more possible than ever, and decentralization will help “solve for trust” the challenges that blockchain overcomes. This space is poised for continued disruption as the technology and teams driving tomorrow’s solutions with investment, competition and innovation gather at D3 to discuss what’s possible across the entire digital economy ecosystem.”
For more information on D3 Bahamas tickets and sponsorships, or to enter the D3 Startup Battle competition, please visit D3Bahamas.com.
Editor’s note…
About the Securities Commission of the Bahamas
The Securities Commission of the Bahamas (the Commission) is a statutory body established in 1995 under the Securities Board Act, 1995. This Act has since been repealed and replaced by new legislation. The commission’s mandate is defined in the Securities Industry Act, 2011 (SIA, 2011). The Commission is responsible for the administration of the SIA, 2011 and the Investment Funds Act, 2019 (IFA), which provides for the supervision and regulation of the activities of the investment funds, securities and capital markets. The Commission is also responsible for administering the Financial and Corporate Service Providers Act, 2020 Digital Assets and Registered Exchanges Act, 2020, and the Carbon Credits Trading Act, 2022.
About Finoverse
Finoverse is at the center of the Web3 and FinTech industry with expertise in developing communities, building ecosystems and helping businesses grow in Web3 FinTech. Finoverse is the official organizer of Hong Kong FinTech Week, and recently appointed to develop and produce the D3 Bahamas FinTech Festival 2023. The firm was founded in Hong Kong in 2015 as FINNOVASIA.
