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B2PRIME Group has secured two licences from the Securities Commission of The Bahamas (SCB), a move the global financial services provider says marks a significant step in expanding its regulated digital asset offering to institutional and professional clients.
The two licences are issued under the Digital Assets and Registered Exchanges Act (DARE), Licence No. DARE-DAB-034, and the Securities Industry Act (SIA), Licence No. SIA-F259.
The licences enable B2PRIME to offer regulated digital asset classes, providing clients with access to crypto market liquidity and competitive pricing within The Bahamas' regulatory framework.
Alex Tsepaev, Chief Strategy Officer, B2PRIME Group
Alex Tsepaev, Chief Strategy Officer, B2PRIME Group commented:
"Our clients demand access to digital assets, but they also need absolute confidence that their funds are secure. The SCB framework provides that essential layer of trust and client protection. We are pairing this trusted legal foundation with the advanced trading experience, giving our users high-quality trading conditions they expect from B2PRIME."
The Bahamas has in recent years positioned itself as a jurisdiction for digital asset regulation. The SCB's DARE Act, enacted to provide a structured legal framework for digital asset businesses, has attracted a number of international financial firms seeking regulated access to crypto markets.
Eugenia Mykuliak, Founder and Executive Director, B2PRIME Group
Eugenia Mykuliak, Founder and Executive Director, B2PRIME Group said:
“The Bahamas provides regulation for digital assets, which means we are bringing a secure, reliable trading experience to the traders allowing them to have access to high-demand crypto assets with confidence.”
B2PRIME Group is a financial services provider for institutional and professional clients. The group is regulated by CySEC, the Dubai Financial Services Authority (DFSA), the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Commission (FSC) in Mauritius, the Financial Services Authority (FSA) in Seychelles, and now the SCB in The Bahamas.
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