A roundup of the latest ICT\/technology news from across the Caribbean region for the period Monday 14 November to Sunday 20 November 2022.<\/em><\/p>\n\n\n\n
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Bahamas <\/em>\u2013 \u201cArawakX is not affiliated with FTX,\u201d ArawakX told its clients and investors in an email on Friday\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 Halting its digital assets growth strategy due to FTX\u2019s collapse\u00a0would be \u201cthe worst thing The Bahamas could do\u201d, an industry entrepreneur says, even though the failed crypto exchange now faces a local criminal\u00a0investigation\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 \u00a0A team of investigators from the Financial Crimes Investigation Branch is\u00a0working closely with the Bahamas Securities Commission to investigate potential criminal\u00a0misconduct surrounding the collapse of the crypto-exchange FTX\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 FTX\u2019s 40 Bahamian staff have been left \u201cbewildered and beleaguered\u201d by the speed of the crypto exchange\u2019s collapse, a senior executive says, amid hopes its $74m real estate outlay will prove a key recovery source for local creditors\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 WHAT exactly happened? How could FTX go bankrupt almost overnight? And what does that mean for the entire market? We are trying to reconstruct the whole drama\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 Fears were raised yesterday that the Supreme Court order freezing all assets of FTX\u2019s Bahamian subsidiary was violated when some of the collapsed crypto currency exchange\u2019s clients withdrew their monies late last week\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 As the collapse of crypto exchange giant FTX continues to send shockwaves through the crypto market, the fall-out locally could be felt across several sectors\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 After filing for Chapter 11 bankruptcy protection in the US district of Delaware last week, having its assets frozen by the Securities Commission of The Bahamas and put into liquidation, things have not gotten any better for embattled crypto exchange platform FTX, which is headquartered in The Bahamas\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 As developments related to the collapse of FTX cryptocurrency exchange continued to unfold, Opposition Leader Michael Pintard yesterday called on the government to provide an \u201curgent\u201d statement on issues related to FTX, which is headquartered in The Bahamas\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 FTX is under investigation by police to determine \u201cif any criminal misconduct occurred\u201d, police said yesterday\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 EDITOR, The Tribune.\u00a0 Grateful I am for allowing me this small space to make an inquiry into the unsolicited BTC ads, for certainly other customers\/clients experiencing some of the same deluge of this company\u2019s ads, and unsolicited at that\u2026 more<\/a><\/p>\n\n\n\n
Caribbean <\/em>\u2013 Much has already been written on the various considerations central banks must be mindful of as they immerse themselves in central bank digital currency (CBDC) research from a theoretical perspective. This article presents insights from the vantage point of the consultant in driving the execution of a CBDC pilot based on real-life practical experience\u2026 more<\/a><\/p>\n\n\n\n
Haiti <\/em>\u2013 The Digicel Group emerged as the winner of the Social Contribution Award at the 2022 staging of the World Communication Awards\u2026 more<\/a><\/p>\n\n\n\n
Antigua and Barbuda <\/em>\u2013 Students in Antigua and Barbuda who are interested in pursuing careers in the e-sports industry will get the chance to explore a variety of opportunities to facilitate their studies\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 A SECOND Bahamas-based crypto currency exchange yesterday pledged to publicly disclose \u201cproof\u201d of its financial soundness and reserves in a bid to reassure jittery investors following the implosion of rival FTX\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 The Opposition\u2019s leader yesterday warned that the Government\u2019s silence over the FTX crypto exchange\u2019s implosion could \u201carm enemies of The Bahamas\u201d with ammunition to inflict more damage on its financial services industry\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 Dear Editor, When the full set of circumstances relating to FTX are taken together, The Bahamas will not have more than any other country to be ashamed of\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 \u00a0A senior forensic accountant said yesterday that FTX\u2019s collapse should serve as a \u201cteachable moment\u201d but will not be a \u201cbody blow\u201d to this nation\u2019s digital asset hub ambitions\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 There is a frequent refrain from many Bahamians on social media who opine \u201cThe Bahamas is not a real place\u201d when something that appears nonsensical, bizarre, illogical or easily preventable occurs\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 The Bahamas\u2019 bid to achieve full compliance with all global anti-financial crime standards before year-end may have been endangered by the implosion of the FTX crypto currency exchange, it can be revealed\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 The executive members of the government have remained mum on the FTX issue a week after the house of cards that was one of the largest cryptocurrency firms on the planet began to buckle\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 Bahamian bankers yesterday predicted the industry has minimal exposure to FTX after regulators demanded the sector disclose all business dealings with the collapsed crypto currency exchange\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 The Supreme Court has approved the appointment of joint provisional liquidators for Bahamas-headquartered FTX Digital Markets Ltd., according to a statement from the Securities Commission of The Bahamas, which said it has moved to further protect \u201cthe interests of clients, creditors, and other stakeholders globally\u201d of the embattled company\u2026 more<\/a><\/p>\n\n\n\n
Barbados <\/em>\u2013 Science and ICT [information and communications technology] university graduates of the University of West Indies Cave Hill campus will now have opportunities for employment and to further their studies in Rwanda\u2026 more<\/a><\/p>\n\n\n\n
Trinidad and Tobago <\/em>\u2013 Huawei opened its Seeds for the Future (SFTF) 2022 Programme in the Caribbean region on November 4,2022, to encourage ICT talent to tackle social challenges with digital solutions\u2026 more<\/a><\/p>\n\n\n\n
Trinidad and Tobago <\/em>\u2013 DIGICEL has moved its new flagship store to Excellent City Centre, Port of Spain\u2026 more<\/a> <\/p>\n\n\n\n
Bahamas <\/em>\u2013 Brian Simms, KC, one of the joint provisional liquidators overseeing the winding up of FTX Digital Markets, said he rejects the validity of FTX\u2019s chapter 11 bankruptcy filing in the US, arguing that he did not authorize it\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 THE runner-up in the Bahamas Telecommunications Company\u2019s (BTC) Inknowvation pitch challenge is planning to use their $3,000 cash prize to expand into the US market\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 Deputy Prime Minister Chester Cooper yesterday expressed confidence in The Bahamas\u2019 financial services laws following the collapse of the Bahamas-headquartered crypto currency giant FTX\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 THE Deputy Prime Minister yesterday voiced confidence that the Bahamian financial services will survive the latest \u201ccurveball\u201d thrown at it by the FTX crypto exchange\u2019s sudden implosion\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 THE collapse of FTX could be used as a crucial learning lesson moving forward, a governance reformer said yesterday\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 The FBI is in talks with Bahamian authorities to extradite the 30-year-old crypto founder\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 Former FTX CEO Sam Bankman-Fried, whose multibillion-dollar crypto empire crumbled in the span of days, said yesterday he is committed to making his customers whole\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 On October 31, FTX Digital Markets Director of Corporate Social Responsibility Zoe Gibson-Bowleg paid a courtesy call on Commissioner of Police Clayton Fernander, donating tablets to the police force on the company\u2019s behalf as FTX continued its charitable efforts across Bahamian communities \u2013 the most expansive program of giving we have ever witnessed in such a short period from any Bahamas-based entity\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 Deputy Prime Minister Chester Cooper yesterday expressed confidence in the country\u2019s financial services regulators and the laws governing the industry, suggesting that this nation would persevere and pivot from the FTX fallout\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 There is one thing the Organisation for Economic Co-operation and Development (OECD) and G-20 countries have made clear in the past few decades: they will stop at almost nothing to curb what they deem tax avoidance and evasion\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 In his first public comments on the collapse of Bahamas-headquartered FTX, Prime Minister Philip Davis today said he has given directions that the investigations into FTX \u201care to be of the highest order and given precedence, given the amounts involved and because committed and rigorous oversight is of national importance\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 The Securities Commission of The Bahamas (SCB) confirmed in a statement early Wednesday morning that it is working with other regulators on matters dealing with the investigations into FTX, calling the matter \u201curgent\u201d with \u201cinternational implications\u201d\u2026 more<\/a><\/p>\n\n\n\n
Belize<\/em> \u2013 \u0412\u0435l\u0456z\u0435\u2019\u0455 n\u0430t\u0456\u043en\u0430l t\u0435l\u0435\u0441\u043em\u0455 provider, D\u0456g\u0456, \u0455\u0430\u0443\u0455 th\u0430t th\u0435 \u0441\u043em\u0440\u0430n\u0443 \u0456\u0455 \u0430lm\u043e\u0455t f\u0456n\u0456\u0455h\u0435d w\u0456th r\u0435\u0455t\u043er\u0456ng \u0430ll th\u0430t w\u0430\u0455 d\u0430m\u0430g\u0435d wh\u0435n \u041durr\u0456\u0441\u0430n\u0435 L\u0456\u0455\u0430 h\u0456t th\u0435 \u0441\u043euntr\u0443 \u0435\u0430rl\u0456\u0435r th\u0456\u0455 m\u043enth\u2026 more<\/a><\/p>\n\n\n\n
Belize<\/em> \u2013 The Ministry of Economic Development also signed a Memorandum of Understanding with the National Meteorological Service of Belize for the development of a climate information system\u2026 more<\/a><\/p>\n\n\n\n
Caribbean <\/em>\u2013 All small businesses need technology. Whether a self-employed content creator or a small business owner, you use technology daily to ensure your business runs smoothly\u2026 more<\/a><\/p>\n\n\n\n
Guyana <\/em>\u2013 Digicel yesterday launched its Christmas promotion \u201cPICK AND WIN\u201d and handset sale\u2026 more<\/a> \u00a0<\/p>\n\n\n\n
Jamaica <\/em>\u2013 Zimbabwe native, CEO and founder of SALT Technology Group Blair Lilford recounts that he became intrigued by technology in his early years. During that time, young Lilford often found himself utilising a single phone system in which everyone’s phone in his community would ring if a call were incoming\u2026 more<\/a><\/p>\n\n\n\n
Jamaica <\/em>\u2013 With its application to secure licence now awaiting approval by the Bank of Jamaica (BOJ), Seed Jamaica has its hopes set on being given the green light to operate as a microfinancial institution as early as year end\u2026 more<\/a><\/p>\n\n\n\n
Jamaica <\/em>\u2013 After a near three-year absence, TechBeach Retreat will return to Jamaica offering tech start-ups and other players in the region’s technology sector an opportunity to connect with partners and investors from across the world\u2026 more<\/a><\/p>\n\n\n\n
Jamaica <\/em>\u2013 At a recent cybersecurity technology vendor event the number of women present was significantly lower than their male counterparts\u2026 more<\/a><\/p>\n\n\n\n
Saint Kitts and Nevis <\/em>\u2013 The Caribbean island nation\u2019s prime minister said that the country is looking into becoming the third nation, after El Salvador and the Central African Republic, to adopt a cryptocurrency\u2026 more<\/a> <\/p>\n\n\n\n
Antigua and Barbuda <\/em>\u2013 As interest in the world of e-sports and technology grows among the Antiguan and Barbudan populace, the General Manager of Antigua Barbuda E-sports Club, Elijah James, is optimistic about the level of interest shown by youth\u2026 more<\/a> \u00a0<\/p>\n\n\n\n
Bahamas <\/em>\u2013 FTX\u2019s Bahamian provisional liquidators have yet to gain control of all its assets amid signs that \u201cserious fraud and mismanagement\u201d may have caused the group\u2019s collapse, it has been revealed\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 The Bahamas Telecommunications Company\u2019s (BTC) year-over-year revenue growth slowed to just 1.3 percent year-over-year for the 2022 third quarter even though it remained ahead of prior year comparatives for the first nine months\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 Commissioner of Police Clayton Fernander said yesterday that police are waiting on information from the Securities Commission of The Bahamas (SCB) in order to move forward with their investigation into FTX\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 FTX\u2019s newly-appointed chief executive yesterday asserted that corporate governance was non-existent at its Bahamian\u00a0subsidiary, adding: \u201cNever have I seen such a complete failure of controls\u00a0in my 40-plus years\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 AFTER the collapse of FTX, Prime Minister Phillip \u201cBrave\u201d Davis said he has ordered that local investigations be of the highest order and given precedence, adding that investigations will be a coordinated effort with \u201cduly appointed authorities\u201d in other jurisdictions\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 Brian Simms, KC, one of the joint provisional liquidators appointed to oversee the winding up of FTX, said he did not authorize anyone affiliated with FTX to file for bankruptcy in the United States (US) and rejects the petition\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 Recently in the news, The Bahamas has come under the spotlight in light of the colossal collapse of cryptocurrency exchange FTX. While many were quick to point the finger at the Bahamas government, but I do not feel we should be so quick to pronounce judgment\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 Provisional liquidator Brian Simms KC has rejected the validity of FTX\u2019s Chapter 11 filings in the United States\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 The internet is awash with rumors that Bahamian and American authorities are having extradition conversations about Sam Bankman-Fried, former chief executive officer of cryptocurrency exchange FTX\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 Prime Minister Philip Davis yesterday broke his silence on the matter of last week\u2019s implosion of cryptocurrency giant FTX Digital Markets Ltd., which is headquartered in The Bahamas\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 POLICE have not interviewed former FTX CEO Sam Bankman-Fried, Commissioner of Police Clayton Fernander said\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 In his first public statements since the collapse of Bahamas-based FTX, Prime Minister Philip Davis said in the House of Assembly yesterday that based on the analysis and understanding of the FTX liquidity crisis, to date, \u201cwe have not identified any deficiencies in our regulatory framework that could have avoided this\u201d\u2026 more<\/a><\/p>\n\n\n\n
Caribbean<\/em> \u2013 It’s that time of year when businesses have begun ramping up with staff and stocking their stores to the brim in preparation for the holiday season\u2026 more<\/a><\/p>\n\n\n\n
Jamaica<\/em> \u2013 eCurrency has entered into a long-term partnership with Bank of\u00a0Jamaica\u00a0to provide technology services for the national rollout of its Central Bank Digital Currency (CBDC) – JAM-DEX\u2026 more<\/a> <\/p>\n\n\n\n
Jamaica <\/em>\u2013 THE GOVERNMENT is far advanced in its bid to establish the Information and Communications Technology (ICT) Authority\u2026 more<\/a><\/p>\n\n\n\n
Jamaica<\/em> \u2013 Education technology firm EduFocal made a loss in its third quarter ended September\u2026 more<\/a><\/p>\n\n\n\n
Jamaica <\/em>\u2013 Jamaica Technology & Digital Alliance (JTDA) said this year’s staging of its annual BizTech Conference, which is set for November 17 and 18 at the Jamaica Conference Centre in downtown Kingston, will focus on the National Identification System (NIDS)\u2026 more<\/a><\/p>\n\n\n\n
Saint Lucia <\/em>\u2013 If you have a complaint against your telecommunications provider, become knowledgeable on the procedure for seeking redress\u2026 more<\/a><\/p>\n\n\n\n
Saint Lucia <\/em>\u2013 The NTRC, under the conferred powers of Telecommunications Act of 2000 informs members of the public and other stakeholders, including operators, current and proposed licensees of their continued enforcement drive\u2026 more<\/a> <\/p>\n\n\n\n
Bahamas<\/em> \u2013 The Securities Commission last night debunked accusations the Government \u201cdirected unauthorised access\u201d to FTX\u2019s systems, and aided the withdrawal of digital assets, in violation of Bahamian and US court orders\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 An article released on Wednesday revealed how Sam Bankman-Fried really felt about regulators: \u201cF*** regulators.\u201d \u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 FTX Trading Ltd. said it has credible evidence that the government of The Bahamas directed unauthorized access to its systems in order to obtain digital assets after FTX had filed for Chapter 11 bankruptcy in the US\u2026 more<\/a><\/p>\n\n\n\n
Bahamas<\/em> \u2013 FTX CEO John J. Ray III, who oversaw the Enron bankruptcy, and is now overseeing the same for FTX US and its affiliates said yesterday that never in his 40-year career has he seen \u201csuch a complete failure of corporate controls and such complete absence of trustworthy financial information\u201d as he has seen at FTX\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 The Securities Commission of The Bahamas (SCB) said in a statement released late yesterday that it had assumed control of FTX Digital Markets\u2019 (FDM) assets as of November 12 and transferred all digital assets of the company to a digital wallet it controls \u201cfor safekeeping\u201d\u2026 more<\/a> \u00a0<\/p>\n\n\n\n
Bahamas <\/em>\u2013 United States Senators Elizabeth Warren and Richard Durbin have requested \u201ca complete and transparent accounting of the business practices and financial activities\u201d in the lead up to and following the collapse of Bahamas-headquartered FTX\u2026 more<\/a><\/p>\n\n\n\n
Bahamas <\/em>\u2013 PRESS Secretary Clint Watson yesterday defended government\u2019s response to FTX\u2019s collapse, insisting that officials are communicating with the public as they get new information in relation to the embattled cryptocurrency exchange\u2026 more<\/a> <\/p>\n\n\n\n
Trinidad and Tobago<\/em> \u2013 Aldwyn Wayne is all about finding solutions. The founder and CEO of WiPay has also recently established Colour Bank, a US-based neobank which is focused on driving financial inclusion for the urban culture by providing banking and financial solutions that meet the community at its point of need\u2026 more<\/a> <\/p>\n\n\n\n
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Images credit: Annie Spratt (Unsplash<\/a>); ECCB website<\/a>; Wikimedia Commons<\/a>; Wikimedia Commons<\/a>; Wikipedia<\/a>; Tech Beach (Facebook<\/a>); The Eleutheran<\/a>; OUR Today<\/a>; Wikipedia<\/a> <\/p>\n\n\n\n