Bahamas

CBDC development is accelerating, but China isn’t winning the race: PwC report
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24 April, 2021

CBDC development is accelerating, but China isn’t winning the race: PwC report

PwC published its inaugural Global CBDC Index recently, measuring global central banks’ maturity level in deploying their own digital currency.
Jamaica, Ireland firm partner to test CBDC project in 2021
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10 April, 2021

Jamaica, Ireland firm partner to test CBDC project in 2021

After the Bahamas, Jamaica would pilot test central bank digital currency. Roll-out expected in early 2022.
Bahamas launches the first digital currency-linked debit card
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20 February, 2021

Bahamas launches the first digital currency-linked debit card

The Bahamas launched the Sand Dollar as it sought to insulate its financial system against the constant disruptions that occur...
Bahamas launches Sand Dollar, the world’s first official CBDC
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28 October, 2020

Bahamas launches Sand Dollar, the world’s first official CBDC

The Central Bank of the Bahamas has developed the Sand Dollar to be transferrable via mobile phones, making it easy...
Bahamas seeks international use of Sand Dollar digital currency
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21 October, 2020

Bahamas seeks international use of Sand Dollar digital currency

Officials at the Central Bank of the Bahamas are looking at integrating the Sand Dollar into the global financial system.
Bahamas to launch Sand Dollar digital currency in October
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19 September, 2020

Bahamas to launch Sand Dollar digital currency in October

The Bahamas, a country of 400,000 people, has been pilot testing its digital currency—the Sand Dollar—since December 2019.
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