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Bahamas launches the 'Sand Dollar'

08 de janeiro de 2023 Hi-network.com

The Central Bank of The Bahamas recently launched a pilot of the digital currency the 'Sand dollar' which is not a typical cryptocurrency, but a digital version of the existing Bahamian paper currency.

The premise behind its launch is to facilitate people throughout the chain islands with a fully digital payment service, as well as to accommodate those who do not have access to a physical bank.

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