The Bahamas is already eyeing the international use of its Sand Dollar digital currency, local reports have revealed.
Sand Dollar launched on October 20 by the Central Bank of the Bahamas (CBOB). Already, officials at the bank are looking at integrating it into the global financial system, the Nassau Guardian reports.
Speaking during a Bahamas Chamber of Commerce and Employers’ Confederation virtual event, the bank’s manager of electronic solutions Bobby Chen stated, “At the moment, it is currently only used in a domestic setting, but eventually we are working on a solution that will make it interoperable with other global currencies.”
Read more:https://coingeek.com/bahamas-seeks-international-use-of-sand-dollar-digital-currency/
