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Bitcoin World 2024-07-03 13:30:53

Is Bahamas Forcing Banks To Support Its ‘Sand Dollar’ CBDC?

The Bahamas was one of the first countries in the world to launch a central bank digital currency (CBDC) — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption by forcing banks. The Bahamas is preparing to introduce legislation requiring commercial banks to support its “Sand Dollar” central

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