In the sun-kissed islands of The Bahamas, a financial revolution is underway, spearheaded by the Central Bank’s audacious introduction of the Sand Dollar in 2020. […]
Year: 2023
The Sand Dollar: A Beacon of Innovation in the Caribbean
In the heart of the Caribbean, the Commonwealth of the Bahamas has long been a beacon of financial stability and innovation. In recent years, the […]
Unveiling the Sand Dollar: A Digital Revolution in The Bahamas
In the dying embers of 2020, the Central Bank of The Bahamas lit a beacon of digital promise, setting the stage for a financial evolution […]
Revolutionizing The Bahamas’ Financial Landscape
In a groundbreaking virtual presentation held on October 14, 2020, The Central Bank of The Bahamas and the Bahamas Chamber of Commerce and Employers’ Confederation […]
The Bahamas Embarks on National Rollout of Sand Dollar CBDC
Advancing Financial Inclusion and Efficiency June 29, 2023 – In a landmark initiative that marks a transformative leap towards a modernized and inclusive financial system, […]
The Sand Dollar: A Digital Currency Revolutionizing Bahamian Payments
On January 23, 2020, the Central Bank of The Bahamas hosted the first Bahamas Chamber of Commerce and Employers’ Confederation Power Breakfast of the year, […]
From Paper to Pixel: The Journey of the Sand Dollar
In a groundbreaking move, on May 30, 2019, the Central Bank of The Bahamas embarked on a transformative initiative, partnering with NZIA Limited to design […]
A Digital Currency for the Bahamas: Project Sand Dollar Takes Shape
On March 1, 2019, the Central Bank of The Bahamas (CBOB) announced a pivotal decision – the selection of NZIA Limited as the preferred technology […]
Sand Dollar: The Bahamas’ Digital Currency Revolution
In a groundbreaking move to promote financial inclusion and efficiency, in 2020, the Central Bank of The Bahamas embarked on Project Sand Dollar, an initiative […]
Evolving Landscapes: The Prudent Path of Financial Stability in the Avant Era of Smart Card E-Money
Due to the prevailing dominance of smart cards as the most viable model for e-money at the time, the focus on financial stability analysis was […]