FTX's Rise and Fall a Watershed Moment for Bahamas' Economy and Crypto Ambitions
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FTX donated to The Bahamas and promised future investment, generating excitement, before its collapse.
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Locals question whether Bahamian authorities handled FTX appropriately, despite not following the saga closely.
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FTX's presence and collapse were watershed moments for The Bahamas' economy and views on crypto.
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The Bahamas is fighting a crisis of confidence but aims to tighten crypto laws and regain credibility.
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FTX's collapse damaged The Bahamas' opportunity and reputation, though economic data doesn't show major impact yet.