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A futuristic bank in the Bahamas with holographic displays of the Sand Dollar CBDC being distributed to diverse customers, highlighting the integration of digital and traditional banking systems.

Bahamas to Force Banks to Distribute its CBDC

The legal requirements for banks are expected to be in place within the next two years

The Bahamas is set to introduce legislation to enforce the distribution of its CBDC, the Sand Dollar, by commercial banks. Governor John Rolle cited low adoption rates as the reason behind the move.

July 2, 2024 06:38 AM

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