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2024-07-03 07:01:43

Bahamas to Mandate Banks to Distribute Central Bank Digital Currency

Bahamas to Mandate Banks to Distribute Central Bank Digital Currency


The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle indicated that these regulations would be implemented within two years. “We’ve begun to signal that to our […]

https://news.bitcoin.com/bahamas-to-mandate-banks-to-distribute-central-bank-digital-currency/
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