Bahamas vs Panama for a crypto company: which should you choose
Choosing between the Bahamas and Panama for your crypto company means weighing a dedicated digital asset license against a tax-friendly corporate structure with no specific crypto regulation. CRYPTO LICENSE GUIDE · 2026 Bahamas vs Panama for Crypto licensing across 15+ jurisdictions CONSULTING24.CO The Bahamas: A regulated crypto hub with a dedicated license The Bahamas has established a formal regulatory framework for digital assets through the Digital Assets and Registered Exchanges Act (DARE Act) of 2020. This act requires any business providing digital asset services to obtain a license from the Securities Commission of the Bahamas. The license categories include a Digital Asset Business License (DABL) for exchanges, custodians, and other service providers, with capital requirements ranging from roughly 100,000 to 400,000 Bahamian dollars depending on the activity. The DARE Act imposes anti-money laundering (AML) and know-your-customer (KYC) obligations, as well as cyberse...