This week in tech: China all in on blockchain, more nations explore CBDCs
Led by its Chairman Xi Jinping, China is all in on blockchain as Bahamas explores CBDC. Regulators are also stepping up their game as blockchain makes its mark
Latest Bahamas News
Local startups at the forefront of Bahamian “Project Sand Dollar”
Sand Dollar is an initiative to tokenize the Central Bank Digital Currency (CBOB)’s digital fiat currency as a central bank digital currency.
Bahamas central bank confirms national digital currency by 2020
The bank is preparing to enter into a deal for the development of the new currency system as part of a scheme dubbed “Project Sand Dollar.”
Bahamas regulators propose a bill on token sales
The Securities Commission of the Bahamas (SCB) has filed a draft of the new bill that will regulate token offerings.
Deep-sea treasure hunting enters blockchain age
Treasure hunting in the waters of Bahamas, an activity estimated to be worth of $100 billion, is being revolutionized with the help of blockchain technology.