Saturday, September 26, 2020
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The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut

The Bahamas confirmed it will cross the central bank digital currency (CBDC) finish line next month.“The intended outcome of Project Sand Dollar is that all residents in The Bahamas would have use of a central bank digital currency, on a modernized technology platform, with an experience and convenience—legally and otherwise—that

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The Bahamas will launch a digital Central Bank ‘Sand Dollar’ in October

The Bahamas is gunning to become the first country in the world to roll-out a state-backed virtual currency nationwide, and has announced it will launch a central bank-issued cryptocurrency during October.The assistant manager of eSolutions at the Central Bank of The Bahamas, Chaozhen Chen, told Bloomberg that the digital currency,

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Bahamas ‘Sand Dollars’ Cryptocurrency to Help Island Nation Recover from Hurricane Dorian

Hurricanes have been causing extensive damage to the islands of the Bahamas for millennia. The Central Bank of the Bahamas plans to pilot the first cryptocurrency in the form of Sand Dollars. Project Sand Dollars offers numerous benefits that can help individuals and businesses to recover, including having the means to quickly

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Bahamas Central Bank Enters Agreement to Deliver First National Digital Currency by 2020

The Central Bank of the Bahamas (CBOB) will enter an official agreement for development of a digital fiat currency system on May 30, local news agency the Nassau Guardian reports on May 29.Tomorrow, the CBOB will sign an official agreement with transaction provider NZIA.io in order to build and

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