bahamas News and Articles

FTX has moved its headquarters from Hong Kong to the Bahamas due to the favorable position of the regulators. Sam Bankman-Fried, founder and CEO of the trading platform, previously announced that FTX's subsidiary is listed with the Bahamas Securities Commission as a digital asset business. “As...

PwC research says more than 60 central banks are currently working to create national digital currencies (CBDCs). The Bahamas is the farthest in this matter. This state received 92 out of 100 points in the rating. The second and third places were taken by Cambodia and China, which received 83 and...

The Central Bank of the Bahamas has launched its own blockchain-supported central bank digital currency (CBDC), becoming one of the first countries on the global scale to formally issuing a CBDC. Named “Sand Dollars,” the tokens are cryptographic symbols of the Bahamian dollar, minted and...

Bahamian Central Bank is going to present a digital version of the Bahamian Dollar. The announcement on the official website was declared on December 24, and according to it, CBOB is going to issue CBDC pilot on December 27. The pilot is going to continue in the first half of 2020 to Abaco, barrier...