The Bahamas
The Bahamas was an early mover on crypto regulation, passing the Digital Assets and Registered Exchanges (DARE) Act in 2020 under the Securities Commission. Bitcoin is legal, but not legal tender, and the Bahamian dollar is pegged one-to-one to the US dollar. The collapse of FTX—which was headquartered in Nassau—in 2022 led the country to strengthen the DARE framework in 2024. The Bahamas levies no personal income tax and no capital gains tax. Nassau hosts a small but internationally minded Bitcoin community. Use this map to find the Bahamian places where you can spend sats.
The Bahamas Map
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