Title: Bahamas to Mandate Banks to Distribute Central Bank Digital Currency
Post by: Bitcoin on Jul 03, 2024, 06:53 am
Post by: Bitcoin on Jul 03, 2024, 06:53 am
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 […]
Source: Bahamas to Mandate Banks to Distribute Central Bank Digital Currency (https://news.bitcoin.com/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 […]Source: Bahamas to Mandate Banks to Distribute Central Bank Digital Currency (https://news.bitcoin.com/bahamas-to-mandate-banks-to-distribute-central-bank-digital-currency/)