The Bahamas confirmed it will cross the central bank digital currency (CBDC) finish line next month. “The intended outcome of Project Sand Dollar is that all residents in The Bahamas would have use of a central bank digital currency,...
Read More
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in...
The Bahamas’ digital currency pilot project goes live in Exuma on Friday. Residents of the island Exuma can enroll in the Central Bank of The Bahamas’ “Project Sand Dollar,” beginning December 27, 2019. They will receive mobile wallets that...
Hurricanes have been causing extensive damage to the islands of the Bahamas for millennia. The Central Bank of the Bahamas plans to pilot the first cryptocurrency in the form of Sand Dollars. Project Sand Dollars offers numerous benefits that...
The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN. The...
Sometimes, spreading the crypto gospel becomes a family business. Natalia Ameline, mother of ethereum creator Vitalik Buterin and co-founder of the educational nonprofit CryptoChicks, is trying to establish blockchain literacy programs around the world. She told CoinDesk that CryptoChicks...
The Bahamas’ securities regulator is pushing for a new framework for token projects, aiming to turn the island nation into the jurisdiction of choice for blockchain startups. The Securities Commission of the Bahamas has filed a draft of the...