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Bitt Inks Blockchain deal with the Central Bank of Curacao and Sint Maarten

14 de agosto de 2023 Hi-network.com
Barbados-based fintech startup Bitt Inc. has signed a Memorandum of Understanding (MOU) with the Central Bank of Cura?ao and Sint Maarten (CBCS). The parties signed the MOU in order to develop a central bank digital currency to facilitate financial payments within the monetary union of Cura?ao and Sint Maarten. Per the announcement, the bank is looking to 'reduce the level of cash usage within the monetary union' and facilitate 'more secure, more Anti-Money Laundering (AML) and Know Your Customer (KYC) compliant' transactions between the islands.

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