Category Archives: Bahamas

NASSAU, BAHAMAS More than 1,700 supporters, dignitaries, civil society stakeholders, religious leaders, parliamentarians, and other government officials attended yesterdays Opening of Parliament at Baha Mar, as the Davis administration laid out its agenda for The Bahamas over the next five years, including plans to tackle the ongoing coronavirus pandemic, the economy, and the social safety net.

Attendees were socially distanced and seated, with 1,350 people in the Grand Ballroom and around 350 in the Andros Ballroom.

Among the 94 legislative and policy pledges made by the Davis administration in its Speech from the Throne delivered by Governor-General CA Smith, were plans to reduce the nations value-added tax from 12 percent to 10 percent; stabilize public finances and increase public revenue with a debt management plan; amend both the Procurement Act and Fiscal Responsibility Act; as well as plans to increase the minimum wage, pension for senior citizens, benefits for persons with disabilities; and tax incentives and concessions for domestic investors.

The government also pledged to amend the rules of the House of Assembly to enable fixed sessions of Parliament.

These are the policies and plans upon which my Government will legislate in orderto bring about a New Day in The Bahamas, read Smith.

We look forward to working in partnership with the Bahamian people to bring about a healthier, wealthier, and wiser society.

Parliament, including the Senate and House of Assembly, was held in Baha Mars convention center via a proclamation from the governor-general.

There were criticisms in some quarters as to the constitutionality of Parliament being held outside the city of Nassau.

Opposition Leader Dr Hubert Minnis accused the government of conducting an unconstitutional excursion to Baha Mar for the Throne proceedings, a claim Davis called typical of a man who lacks prudence and due diligence, which is synonymous with the way he led the country.

Addressing this during a press conference following the Speech from the Throne, Prime Minister Philip Brave Davis said: It is typical of the manner in which the leader of the opposition, and as prime minister, how he conducted himself in the management of our affairs.

Obviously, he knew a proclamation had to be issued.

Now, if he knew that, dont you think he ought to check to see whether one was issued before he made the claims that he made.

Isnt that the prudent thing to do.

Well, he didnt and again it speaks to the character and the motives of a man who still wishes to lead this country.

Cost

In an interview with Eyewitness News, Baha Mar Senior Executive Vice President Robert Sandy Sands said while he could not disclose the contractual agreement between the government and the resort, the arrangement was not a profit-making exercise.

I am not going to discuss the contractual arrangements between ourselves and the government of The Bahamas, but I can assure you this was not a profit-making venture for Baha Mar, he said.

Sands said Baha Mar was gratified to be chosen for the historical event.

The venue outside of Nassau was selected as the House of Assembly undergoes renovations.

Eyewitness News understands that those renovations could be completed by the end of the week.

When asked whether there was an arrangement to have future sessions of Parliament at Baha Mar with the infrastructure already in place, Sands said: I cannot answer that question.

The next session of Parliament is slated for next Wednesday.

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SWORN IN: Over 1700 attendees at historical Speech from the Throne - EyeWitness News

Steam locomotive 45596 Bahamas will be back in steam on the mainline and will visit Peterborough on its way from London to York this Sunday, 3rd October 2021.

The Jubilee class locomotive is on a rail tour from Ealing Broadway to York.

The train will depart Ealing Broadway with 45596 Bahamas at 08:36 and will then pass through Willesden Junction (08:47), West Hampstead (09:15), Finsbury Park (09:37), Potters Bar (09:55), Stevenage (10:17), Ste Neots (10:46), Peterborough (11:26), Newark North Gate (12:35), Doncaster (13:56), Church Fenton (14:30) and York at 14:46.

The return trip will be diesel hauled, whilst Bahamas remains in the North. The diesels will depart York at 17:20 and will return south via Doncaster (17:49), Peterborough (19:27), St Neots (20:33), Stevenage (21:10), Potters Bar (21:36), Finsbury Park (21:52), West Hampstead (22:21), and Ealing Broadway at 22:53

These above timings in brackets are approximate; please click the links below, which track the train throughout the day to keep you up to date on when it will pass through your local station.

For timings on these movements, please click the links below:

If you do go out and see 45596 Bahamas on the tour, why not share your pictures to LocoStop, our railway community. Click here for more details.

As always, please respect the dangers of the railway. Please do not trespass on the railway to see this iconic locomotive stay to public access spots!

RailAdvent PlusGet image downloads, Prints and Streaming VideoRailAdvent NewsThe latest railway newsRailAdvent ShopRailway Prints, DVDs / Blu-Rays and moreLocoStop CommunityCome and share your railway picturesMainline UK Steam InfoUpcoming mainline steam tours/loco movements

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Bahamas steam locomotive to pass through Peterborough this Sunday on its way from London to York - RailAdvent - Railway News

NASSAU, BAHAMAS Governor-General Sir Cornelius A Smith today presented the Governments Blue Print for Change as he read the Speech from The Throne marking the opening of a new session of Parliament.

Sir Cornelius revealed planned policies and initiatives aimed at bolstering capacity across health, economic, investment, social, cultural and environmental sectors, adding it was clear from the results of the election that Bahamians demand transformational change.

He said the Government is committed to executing good governance, established on the principles of Transparency, Integrity & Accountability.

Key policy initiatives outlined include:

Health

Economy

Sports and Culture

Agriculture

Investment

Social Services

National Security

Labour

Environment

Education

Local Government

Anti-Corruption

Foreign Policy

The full speech can be found here.

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SPEECH FROM THE THRONE: Governor-General Sir Cornelius A Smith outlines the Government's Blue Print for Change - EyeWitness News

100,000 individuals fully vaccinated in The Bahamas

NASSAU, BAHAMAS Health officials confirmed 24 additional COVID-19 related deaths and added some 33 deaths under investigation over the past three days.

The number of COVID-19 fatalities currently stands at 557, with another 66 under investigation, since the start of the pandemic in March 2021.

The Ministry of Health has advised that four deaths that occurred between September 15 and September 16 were reclassified as COVID-19 deaths on Thursday and another two that occurred on September 16 were reclassified on Saturday.

Additionally, 18 of those newly confirmed deaths occurred between March 30 and September 30th, with one death taking place on Abaco on October 14, 2020.

Officials indicated that this death, although it occurred last year, was just reported to the Ministry of Health, and now is being reported to the general public.

As those cases recorded as deaths under investigation become confirmed, only then will they be documented in the COVID-19 report.

The increase in the number of confirmed deaths comes as new infections continue to move at a steady rate, with a slight increase being seen in the daily number.

There was expected to be a significant influx of cases in the aftermath of the September 2021 snap General Election.

As of Saturday, The Bahamas had recorded 21,312 confirmed COVID-19 cases with 1,398 active.

The capacity of the healthcare system continues to be a challenge with hospitalizations see a decline. There were 127 people in the hospital 111 of whom are moderately ill patients and 19 in the intensive care unit (ICU).

As of October 2, there were 104, 380 fully vaccinated individuals, which included Bahamians and residents who were vaccinated abroad and registered with the ministry.

Some 124, 433 people have received one dose of the vaccine to date, excluding the one-dose Johnson & Johnson vaccine.

Minister of Health and Wellness Dr. Michael Darville yesterday expressed gratitude to all persons who contributed to the significant milestone of over 100,000 persons being fully vaccinated in The Bahamas.

While we still have quite a way to go, Darville said.

This is a tremendous accomplishment. As the numbers of vaccinated persons increase in our country, the volume of persons hospitalized due to COVID-19 is expected to decrease, thus, relieving the high demand for hospital beds at our healthcare institutions.

Darville further expressed his gratitude to the many dedicated volunteers, staff, and support personnel who facilitated the process, and to the countries that supported The Bahamas in accessing the supply of vaccines.

The Bahamas National COVID-19 Vaccine Consultative Committee launched the vaccination exercise in March 2021.

The minister advised that the government is committed to ensuring that resources are available to sustain and enhance the campaign, with vaccinations expected to commence on at the Bahamas Department of Corrections on October 7.

Currently, Pfizer and Johnson & Johnson are available at the Kendal G.L. Isaacs Gym, Loyola Hall, St. Anselms Church, and Church of God of Prophesy in New Providence, and at the Susan J. Wallace Centre in Freeport, Grand Bahama.

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COVID-19 related deaths jump by 24, another 66 under investigation - EyeWitness News

Mark Catesby (1683-1749), the English naturalist, artist and horticulturalist, published his lifes work, The Natural History of Carolina, Florida and the Bahama Islands, in parts between 1729 and 1747. Visually magnificent, with full-size, hand-coloured plates, it was a pioneering work on North Americas flora and fauna. Despite being produced according to a pre-Linnaean system of classification (Catesbys career did not quite coincide with the Swedish-born father of modern taxonomy Carl Linnaeus), it was nonetheless internationally admired. In 1748, a year before Catesbys death, Linnaeuss student Pehr Kalm declared that Catesby had with unbelievably lifelike colouring, presented the rarest trees, plants, animals, birds, fishes it is difficult to believe that it is not the real thing that stands in its natural colour on the paper.

Henrietta McBurneys publicationin turn beautifully produced, with ample space to showcase her subjects artistic skillis, in the words of the author, a case study of the material culture out of which Catesby created his book. She is unapologetic in her focus on the primary sources that collectively tell us about the man and the early modern world in which he operated: a period that blurred the distinctions between amateur and professional, and between art and science. Concentrating on the surviving 300 original watercolours in the Royal Collection, his herbarium sheets, sketches and written descriptions, the result is a rich and deeply researched account of Catesbys journey from amateur naturalist in East Anglia, self-taught master of drawing, painting and etching, to intrepid observer and collector in the New World.

The book is not an examination of Catesbys career within the theorised contexts of colonialisation and empire. Indeed McBurney argues that theoretical claims about empireand botanists as agents of empireneed to be grounded in evidence. That said, the context is not ignored. It is impossible to divorce Catesby from the history of Englands, later Great Britains, colonial ambition in America given that he first travelled to Virginia in 1712 with his sister, whose husband, William Cocke, was a physician in Williamsburg. While there, Catesby resided with wealthy plantation owners on the James River and, on his second trip, one of his sponsors was Francis Nicholson, the Governor of South Carolina. McBurney is particularly interested in the private objectives that drove Catesbyhis genuine passion for discovery, truth and beauty, and ultimately the creation of his book. This, especially on his return trip to South Carolina and the Bahamas in 1722-26, was at odds with the demands and economic interests of his private sponsors for whom he trafficked specimens. Eventually the constant sending of consignments to Englandseeds, dried and pressed plants, or live ones in tubs of soilproved onerous.

Catesbys The Blew Jay and the Bay-leaved Smilax (1722-25), which conveys the birds gestures in its natural environment Royal Collection Trust Her Majesty Queen Elizabeth II 2021

Catesby as an artist is where art and science most obviously intersect, and this provides one of the books most absorbing chapters. Catesby sketched in the field while on his collecting trips to the coastal areas of the Tidewater, up the Ashley, Cooper and Savannah rivers, to the foothills of the Appalachian Mountains, in difficult swampy terrain, and in uninhabited areas accompanied by Native American guides. Pehr Kalms admiration of Catesbys unbelievably lifelike colouring was no accident. He was stimulated by the colours he encountered, trying to mimic them exactly and always sketching his specimens either freshly gathered, if a plant, or alive if an animal. When in the Bahamas, where he became fascinated by marine life, he observed that fish lost their vibrancy when out of water. I painted them at different times, having a succession of them procurd while the former lost their colour, he said, a startling insight into the practicalities involved in reproducing their correct shimmer and iridescence. To convey size he sometimes zoomed in on his specimens, such as the giant hogfish, shown by just the head: one wary eye, jaws agape. Catesby was also unusual in showing birds and animals in their natural environments. Rather than single specimens on a page, his birds perch in the very trees or bushes that they would have fed on or nested in. He tried to convey the natural gestures of his subjects: the blue jay sitting on a branch of green briar, where Catesby had watched it eating the berries of the plant, is shown screeching.

Catesby stated that he deliberately aimed at a flat style of illustration to better communicate his subjects to the service of science. McBurney suggests that this may indicate an amateurs defensiveness, unable to match the superior skill of professionals such as his younger contemporary, Georg Dionysius Ehret. Ehrets brilliant plate illustrating Magnolia grandiflora, a plant observed by Catesby in the wild, is included in the latters Natural History, perhaps hinting at collaboration between the two. Ehret, however, sketched the magnolia in Sir Charles Wagers garden in Parsons Green, then just west of London. Catesby was certainly influenced by such professional illustrators, sometimes borrowing their designs and compositions. But it is Catesbys idiosyncrasies, his energy and boldness, that continue to delight audiences.

Sadly, thanks to human activity over the subsequent 300 years, many of Catesbys species are now either extinct or, like the ivory-billed woodpecker, on the critically endangered list. Even in Catesbys day, the now extinct Carolina parakeet was hunted, both as a pest and for its colourful plumage, while the last of the passenger pigeons, which once migrated in vast flocks, died in captivity in Cincinnati Zoo in 1914. This beautiful book acts as both a record of Catesbys profound joy in and devotion to nature, and as a warning.

Henrietta McBurney, Illuminating Natural History: the Art and Science of Mark Catesby, Paul Mellon Centre/Yale, 384pp, 250 colour + b/w illus., 40 (hb), pub. 22 June 2021

Tabitha Barber is curator of British Art 1500-1750 at the Tate and was the lead curator and catalogue editor/contributor of British Baroque: Power and Illusion (Tate Britain, 2020)

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An exquisite study of the man who documented North America's wildlife in the 18th century - Art Newspaper

NASSAU, BAHAMAS Prime Minister Philip Davis said yesterday that his administration is committed to facilitating the Fintech revolution as an essential part of its diversification efforts.

Davis was delivering remarks at the official launch ceremony of FTX Digital Markets the worlds third-largest crypto exchange.

He said the companys decision to move its base from Hong Kong to The Bahamas will hopefully be the beginning of a trend.

We hope that more companies in the cryptocurrency and blockchain markets will see The Bahamas as an ideal destination for their operations. I believe the relocation of the worlds third-largest cryptocurrency exchange to our shores sends a clear signal to the rest of the Finch world that The Bahamas is open for business, said Davis.

The prime minister noted that this nation via the Digital Asset Registered Exchanges (DARE) Act has one of the strongest digital assets legislation frameworks in the world. Davis said was a testament to the visionary leadership and expertise within the country. Davis lauded the Securities Commission of The Bahamas (SCB) and its executive director Christina Rolle for bringing the pushing legislation forward.

As a part of my governments forward-looking agenda, we recognize that digital transformation is key to unlocking the potential of our economy and expanding access for all people, Davis said.

Blockchain has a huge role to play in the transformation. The benefits of this technology have the potential to drive advancements in financial services, health care, the arts, and culture to create new opportunities for local professionals and improve the quality of life for many Bahamians.

FTX Digital Markets founder Sam Bankman-Fried has stated that the DARE legislation attracted the digital assets exchange provider to The Bahamas.

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PM says his administration committed to facilitating Fintech revolution - EyeWitness News

NASSAU, BAHAMAS Prime Minister Philip Davis said yesterday that Atlantis mandate that all unvaccinated employees must pay for their own weekly rapid antigen test will likely fall away once government fulfills its free COVID-19 testing pledge.

While addressing several issues with media following the opening of Parliament and Speech from the Throne, Davis admitted the free testing initiative will take some time to implement.

In respect to the issue with the Atlantis workers, I could confirm that I have had a meeting with the president of Brookfield, the person charged with the responsibility for Atlantis, Davis said.

She explained to me when I raised the issue of vaccination being paid for by employees that his was a compromise she arrived at with her corporate office. She advised that all employees of Brookfield, all their properties wherever they worked were required to be vaccinated.

He continued: Vaccination is mandatory for anyone who wishes to continue their employment with Brookfield. She appreciates the concern that we have about mandatory vaccination and she reached a compromise with her corporate office that at least if they were to ask persons who wanted to continue to work with Atlantis that they pay for their testing that might encourage them to get vaccinated.

When we left the meeting they were going to revisit the issue of whether they continued to pay. We did indicate to her our desire to put in place free testing which we are still working on the logistics as to how we can get it done, so that may fall away with respect to the cost to the employee.

Davis noted that the government is looking at how to effectively implement its free testing pledge.

Atlantis has maintained its position that unvaccinated employees must pay for their weekly rapid antigen tests despite a recent announcement from Labour and Immigration Minister Keith Bell that the resort had agreed to hold off on the policy.

The move has been met with harsh criticism from The Bahamas Hotel Catering and Allied Workers Union (BHCAWU) whose president Darrin Woods recently told Eyewitness News that the action was unlawful.

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PM: Pay for COVID test policy likely to fall away with fulfilment of free testing pledge - EyeWitness News

NASSAU, BAHAMAS While Water and Sewerage Corporation (WSC) Chairman Adrian Gibson has not formally resigned his chairmanship, Minister of Works and Utilities Alfred Sears said the Long Island MP confirmed he will step aside and has not visited the corporation since the change in government last month.

Sears is performing a review of all existing contracts related to the corporation and Bahamas Power and Light, including BPLs agreement with Shell North America, which Sears called an agreement of priority.

In an interview following the opening of Parliament, Sears said he has approached his ministry with no pre-conceived notions and will make determinations on each contract on the basis of its merit and benefit for the Bahamian people.

Sears said he has had a discussion with the general manager.

With respect to the Water and Sewerage matter, I called Mr. Gibson myself and he indicated to me that he is not been in the office since the election and he has no intention, and he has been very cooperative

He has committed to providing turnover notes for me.

I spoke to him today and he has indicated that commitment with be forthcoming.

Asked whether he will review the contracts under Gibson, Sears said: The thing is, I would not want to pre-judge anything.

Right now, I am asking for turnover notes.

The thing is, we have to review what has happened in all of the corporations and I would not simply single that one out.

I know there are issues in the public domain, but when I assume a position, I have to come in with an open mind and not come with a pre-conceived [notion].

My job is to get proper turnover notes so I know what is the state of play in the corporation and not come with anything pre-conceived notion.

Once we have everything its going to be reviewed, so we know how to best serve the interest of the Bahamian people.

When asked if Gibson has resigned or been removed, Sears said while Gibson has not submitted a formal tender of his resignation, he has committed to not returning to the corporation and has no intention of doing so.

He has indicated an intention and that intention would have an effect because it has been expressed to me, Sears said, noting that with the procurements of contracts and proposed legislation to amend the existing act, the government will continue to follow the law until such changes are made.

In the lead-up to the general election, Gibson was accused of awarding contracts to individuals close to him, an assertion he dismissed as a well-organized mafia campaign again him amid the silly season of the general election.

Water and Sewerage Management Union (WSMU) President Montgomery Miller has called for executives for executives at the corporation to engage with the union and address ongoing concerns of workers or do the right thing and resign.

Miller, who consistently criticized the management of the corporation, said under the leadership of Gibson and General Manager Elwood Donaldson, the organization has been run poorly.

As it relates to the power company, Sears said the quarter of a million rate reduction bond that the board of directors sought urgent approval for is also being reviewed.

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UNDER REVIEW: Gibson not formally resigned, but indicated he will not return to WSC - EyeWitness News

Officially known as the Commonwealth of The Bahamas, the Bahamas is an archipelagic country that occupies a major portion of the large Lucayan Archipelago on the northwestern edge of the West Indies. The Bahamas is situated to the north of the Republic of Cuba; northwest of Hispaniola Island and the British Overseas Territory of the Turks and Caicos Islands; east of the Florida Keys and to the southeast of the US State of Florida. Covering a total area of 13,878 sq. km, the Bahamas is composed of more than 700 islets, islands, and 2,400 cays in the Atlantic Ocean.

Out of the 700 islands and 2,400 cays in the Bahamas, only 30 are inhabited. Some of the principal inhabited islands of the Bahamas include Andros, Great Abaco, Acklins, New Providence, Great Inagua, Mayaguana, Berry Islands, Crooked Island, Ragged Island, Bimini Islands, Long Island, San Salvador Island, Grand Bahama, Cat Island, Eleuthera, etc. All these islands are low and flat and have mostly been formed by the disintegration of coral reefs. Located on Cat Island, Mount Alvernia which rises to an elevation of 63m is the highest point in the Bahamas.

Of all the 700 islands in the Bahamas, Andros Island occupying an area of 5,957 sq. km is the largest of the Bahamian Islands. Andros Island is an archipelago and its total area includes three major islands (North Andros, South Andros, Mangrove Cay) along with numerous small islets and cays that are linked by tidal swamps and mangrove estuaries. Politically, Andros is considered to be a single island and has a bigger land area than all the Bahamian Islands combined. Andros Island has a length of about 167km and a maximum width of 64km. North Andros Island is the countrys largest district in terms of area and houses a population of 3,898 people. The Andros Island has the only freshwater river in the country and is also home to the Andros Barrier Reef which is the worlds sixth-longest coral reef.

Inagua forms the southernmost Bahamas district and is made up of the islands of Great Inagua and Little Inagua. With an area of 1,544 sq. km, the Great Inagua Island is the second-largest island in the Bahamas. The island contains many lakes, and a large avian sanctuary that supports about 80,000 West Indian flamingoes. Matthew Town serves as the islands capital and only harbor. With an area of 1,400 sq. km, Grand Bahama is the northernmost and the third largest island in the Bahamas. Located about 80km east of Miami, Florida, Bimini is the westernmost island of the Bahamas that is situated closest to the US mainland.

With an area of only 23 sq. km, the Ragged Island is ranked among the smallest inhabited Bahamas islands. The island forms a part of the Jumentos Cays and the Ragged Island Chain and has a population of only 72 people. The 180km long crescent-shaped Ragged Island Chain includes the Double-Breasted Cay, Racoon Cay, and the Hog Cay. Located within a shallow-water bay, Duncan Town is the only settlement in the Ragged Island chain.

The New Providence Island that occupies an area of 207 sq. km, is the most populous in the Bahamas. As per the 2016 census, the island is home to about 274,400 residents and supports more than 70% of the countrys total population. Situated on New Providence Island is Nassau the capital and the largest city of The Bahamas. Nassau is a primate city and serves as a busy seaport as well as the administrative, economic, educational, media, and commercial center of the country. The citys spectacular scenery, natural environment, pleasant tropical climate, and proximity to the United States have made it a popular tourist destination attracting a lot of tourists from all over the world.

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How Many Islands Are In The Bahamas? - World Atlas

FTX's Bahamian Subsidiary becomes first digital asset business licensed under The Bahamas DARE Act

NASSAU, Bahamas, Sept. 20, 2021 /PRNewswire/ -- FTX Trading Limited ("FTX'' or "the Company"), owner and operator of leading global cryptocurrency exchange FTX.COM, today announced that its Bahamian subsidiary, FTX Digital Markets, has been registered by the Securities Commission of the Bahamas as a digital assets business under the Digital Asset Registered Exchanges Bill or the "DARE Act." The modernized DARE Act, which establishes a full regulatory framework for digital asset activities, provides greater opportunities for digital asset businesses and will allow FTX to expand its platform in a compliant manner.

FTX (PRNewsfoto/FTX International)

Sam Bankman-Fried, CEO & Founder of FTX, commented on the news, "With this expansion through the DARE Act we are further committing to providing all our clients with a safe, trustworthy, and compliant exchange. We are committed to maintaining a close working relationship with local regulators so that together we can navigate putting a comprehensive regulatory framework in place to help promote the growth of this nascent asset class."

FTX Digital Markets expects to establish a substantial presence in The Bahamas as FTX continues to expand its global presence. Ryan Salame, former Head of OTC at Alameda Research has been appointed as the CEO of FTX Digital Markets and will be responsible for leading their local initiatives. Ahead of establishing headquarters in Nassau, Bahamas, a team of Bahamian and international partners worked closely with the Securities Commission of the Bahamas to secure this regulatory approval. Already, plans are in place to hire Bahamians to serve in key roles in the areas of finance, marketing, and software development. This will also provide local talent with the opportunity to join one of the fastest growing exchanges in the rapidly growing cryptocurrency industry.

Story continues

Ryan Salame, CEO of FTX Digital Markets, concluded, "I'm excited to plant the flag for FTX in The Bahamas. The relationship we have fostered with local regulators culminating with us being authorized under the framework offered through the DARE Act, gives me confidence that we'll be able to work closely with regulators to make sure our offerings are compliant in multiple jurisdictions."

About FTX Digital Markets

FTX Digital Markets is the Bahamian subsidiary of FTX Trading Ltd., owner and operator of FTX, a leading cryptocurrency exchange built by traders for traders. FTX Digital Markets offers users regulated access to FTX's industry-leading derivatives, options, volatility products, and other FTX products and services.

About FTX

FTX is a crypto-trading exchange built by traders, for traders. We offer innovative products including industry-leading derivatives, options, volatility products, tokenized stocks, prediction markets, leveraged tokens and an OTC desk. We strive to be an intuitive yet powerful platform for all kinds of users. FTX strives to be the most innovative exchange in the industry and has grown quickly since its founding, becoming one of the most respected crypto exchanges in the world in less than 2 years.

To learn more about FTX, please visit: https://ftx.com/

FTX is not available to US residents or residents of other prohibited jurisdictions, as set out in its Terms of Service.

Media Contact

Jay Morakis

M Group Strategic Communications (for FTX)

+1 646-859-5951

FTX@mgroupsc.com

Cision

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SOURCE FTX Trading Ltd.

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FTX Establishes Substantial Presence in the Bahamas and Appoints Ryan Salame as CEO - Yahoo Finance