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"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change."

– Charles Darwin

Central Bank Digital Currency Guide

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–Alphonse Karr

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Revolutionizing The Bahamas’ Financial Landscape
  • History

Revolutionizing The Bahamas’ Financial Landscape

  • Ethan Donovan
  • December 23, 2023
  • 0

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
  • History

The Bahamas Embarks on National Rollout of Sand Dollar CBDC

  • Wyatt Anderson
  • December 23, 2023
  • 0

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
  • History

The Sand Dollar: A Digital Currency Revolutionizing Bahamian Payments

  • Wyatt Anderson
  • December 23, 2023
  • 0

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
  • History

From Paper to Pixel: The Journey of the Sand Dollar

  • Wyatt Anderson
  • December 23, 2023
  • 0

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
  • History

A Digital Currency for the Bahamas: Project Sand Dollar Takes Shape

  • Wyatt Anderson
  • December 23, 2023
  • 0

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
  • History

Sand Dollar: The Bahamas’ Digital Currency Revolution

  • Wyatt Anderson
  • December 23, 2023
  • 0

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
  • History

Evolving Landscapes: The Prudent Path of Financial Stability in the Avant Era of Smart Card E-Money

  • Caleb Parker
  • December 19, 2023
  • 0

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 […]

Decoding the Avant Card Dilemma: Legal Tender Limbo and Seigniorage Standstill
  • History

Decoding the Avant Card Dilemma: Legal Tender Limbo and Seigniorage Standstill

  • Caleb Parker
  • December 19, 2023
  • 0

In reflection, the introduction of the Avant Card from Finland failed to register any discernible impact on seigniorage income. This outcome can be attributed to […]

The Rise and Fall of Avant Card: A Tale of Innovation and Failure
  • History

The Rise and Fall of Avant Card: A Tale of Innovation and Failure

  • Caleb Parker
  • December 19, 2023
  • 0

In the annals of monetary history, the Avant Card stands as a remarkable experiment, a precursor to the modern concept of central bank digital currencies […]

Navigating the ATM Revolution. Avant Card’s Impact on Electronic Payments in Finland
  • History

Navigating the ATM Revolution. Avant Card’s Impact on Electronic Payments in Finland

  • Caleb Parker
  • December 18, 2023
  • 0

In 1997, a significant milestone was achieved in Finland with the successful integration of the Avant card system into the existing ATM network. This achievement, […]

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