Eight news stories.
• Should Central Bank of The Bahamas be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should Central Bank of The Bahamas be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
Around 100 countries are now exploring the potential development and issuance of a central bank digital currency (CBDC), and the challenges and opportunities identified by these research projects reveal a need for “increased international information-sharing of insights learned”, according to an International Monetary Fund (IMF) report... More
Consumers in the Bahamas will be able to use mobile wallets integrated with the country’s Sand Dollar “like an ATM” and transfer the central bank digital currency to their wallet directly from their bank account, the governor of the Central Bank of The Bahamas, John Rolle, has said... More
Citizens of the Bahamas can now pay for goods and services using a prepaid card that supports the country’s Sand Dollar central bank digital currency (CBDC)... More
Citizens of the Bahamas can now make payments and transfers from a digital wallet using the country’s Sand Dollar central bank digital currency (CBDC)... More
The Central Bank of The Bahamas is to launch its Sand Dollar central bank digital currency (CBDC) across the entire archipelago in October, after piloting the new e-currency on the islands of Exuma and Abaco... More
The Central Bank of The Bahamas has extended its central bank digital currency pilot to the island of Abaco and revealed that the new Sand Dollar currency will include support for offline functionality... More
The Central Bank of The Bahamas has begun pilot testing a digital version of the Bahamian dollar that uses QR codes to let users make payments and transfer funds using their smartphones... More
Bahamas to introduce digital currency — Jamaica Observer — “The production of a modern fully digital payment service is the way forward for this era of governance… A digital Bahamian currency is especially important for the many family islands as they have seen many commercial banks downsize and pull out of their communities, leaving them without banking services.”