• Home
  • Login
  • Register
The Central Bank Digital Currency Insider
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
SUBSCRIBE
No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
No Result
View All Result
The Central Bank Digital Currency Insider
No Result
View All Result

The Bahamas Wants to Use its CBDC on International Stage

by CBDC Insider
October 16, 2020
in Business, North America
Reading Time: 1min read
0
The Bahamas Wants to Use its CBDC on International Stage
Share on FacebookShare on Twitter

When it comes to developing central bank digital currencies (CBDCs), the international focus has been on China, Europe and North America – but it appears that one small Caribbean nation has stolen a march on both Asia and the West, with a digital currency to be issued next week already being lined up for use in international transactions.

Per the Nassau Guardian, the Central Bank of The Bahamas (CBOB) has claimed it is aiming to make the new CBDC, the Sand Dollar, “interoperable” with international fiats. The media outlet quoted Bobby Chen, the CBOB’s assistant manager of electronic solutions, as stating…

Read more:

RELATED STORIES

How CBDCs Will Transform the Way India Transacts

How CBDCs Will Transform the Way India Transacts

May 24, 2022
Wall Street Says a Fed Digital Dollar Spells Destruction for Banks

Wall Street Says a Fed Digital Dollar Spells Destruction for Banks

May 24, 2022

https://cryptonews.com/news/the-bahamas-wants-to-use-its-cbdc-on-international-stage-8013.htm

Previous Post

Bitcoin: The Way to Win The Economic Game?

Next Post

Digital Yuan Rolls Out for Use in Shenzhen Gas Stations

Next Post
Digital Yuan Rolls Out for Use in Shenzhen Gas Stations

Digital Yuan Rolls Out for Use in Shenzhen Gas Stations

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register