By Bitcoin.com 3 July 2024 | 10:29 am

Bahamas to Mandate Banks to Distribute Central Bank Digital Currency

Bahamas to Mandate Banks to Distribute Central Bank Digital CurrencyThe 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 […]