Sand Dollar news and trends

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

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 the interoperability process, allowing them to communicate and exchange funds among the various platforms, the Nassau Guardian reported on Wednesday...

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

The Sand Dollar state-backed cryptocurrency is now available to each of Bahamas’ nearly 400,000 inhabitants, Finance Magnates reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Quick Reads
Report: FTX Collapse Slows Bahamas’ CBDC Project

January 15, 2023
The Bahamas’ two-year-old digital currency project has gotten off to a slow start. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Bahamas Central Bank Advances Release of Digital Currency

May 05, 2021
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 the interoperability process, allowing them...

Bitcoin Daily: Bahamas Takes Digital Sand Dollar Nationwide; JPMC Sees Upside In Bitcoin

October 26, 2020
The Sand Dollar state-backed cryptocurrency is now available to each of Bahamas’ nearly 400,000 inhabitants, Finance Magnates reported. Get the Full Story Complete the form to unlock this article and...