Sand Dollar

Report: FTX Collapse Slows Bahamas’ CBDC Project
Report: FTX Collapse Slows Bahamas’ CBDC Project
January 15, 2023  |  CBDC

The Bahamas’ two-year-old digital currency project has gotten off to a slow start. The reasons are twofold, according to a Saturday (Jan. 14) Bloomberg News...

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Bahamas Central Bank Advances Release of Digital Currency
Bahamas Central Bank Advances Release of Digital Currency
May 05, 2021  |  Digital Payments

The national rollout of the Sand Dollar from the Central Bank of the Bahamas (CBOB) now has nine authorized financial institutions (FIs) that have completed...

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Bitcoin Daily: Bahamas Takes Digital Sand Dollar Nationwide; JPMC Sees Upside In Bitcoin
Bitcoin Daily: Bahamas Takes Digital Sand Dollar Nationwide; JPMC Sees Upside In Bitcoin
October 26, 2020  |  Bitcoin

The Sand Dollar state-backed cryptocurrency is now available to each of Bahamas’ nearly 400,000 inhabitants, Finance Magnates reported. The initiative’s website noted that the digital...

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