BarbadosBarbados Finance Minister warns on online financial platforms, introduces regulation
Barbados' Finance Minister Ryan Straughn warns citizens about fraudulent online financial platforms and tables legislation to regulate virtual asset services.
Background
Caribbean nations are increasingly addressing the rise of unregulated online financial platforms and virtual assets. This trend reflects a global effort by governments to protect consumers and maintain financial stability amidst the rapid evolution of digital finance.
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Finance Minister urges caution on online financial platforms and introduces regulation
First report 21h agoLast update 21h agoThe Finance Minister is urging citizens to verify credentials of online financial platforms and is introducing legislation to regulate virtual assets.
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