Bitt

East Caribbean Central Bank Conducts ‘Milestone’ Retail Digital Currency Transaction

The first transaction using "DCash" was conducted at a supermarket in Grenada on Feb. 12.

Policy & regulation  ·  24 February 2021

Eastern Caribbean Central Bank to Test Blockchain Legal Tender

The ECCB is about to conduct a pilot for a blockchain-based central bank digital currency in preparation for a planned full rollout.

Markets  ·  6 March 2019
Banking

Bitt Inks Blockchain Deal With Another Caribbean Central Bank

Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.

Policy & regulation  ·  13 August 2018
Investments

ICO Project Polymath Is Trying to Buy a Stake In a Real Stock Exchange

If one announcement summarizes the ambitions of crypto project Polymath, it might be Wednesday's acquisition of the domain Tokens.com.

Markets  ·  16 May 2018
News

Eastern Caribbean Central Bank to Pilot Bitt Blockchain Tech

Bitt, a portfolio company of Overstock's Medici Ventures, is working with the monetary authority for eight small Caribbean nations.

Business  ·  15 March 2018
Payments

Overstock Venture Arm Invests $3 Million in Blockchain Payments Startup

Bitt, a Barbados-based blockchain payment startup, has received a $3 million investment from Overstock's Medici Ventures.

Business  ·  8 March 2018
Payments

Prime Minister’s Son to Head Barbados Blockchain Startup

Barbados-based payments startup Bitt has hired Rawdon Adams, the son of an ex-prime minister, as its new CEO.

Business  ·  29 September 2017
Banking

How a Tiny Island Could Give Cryptocurrency a Big Boost

CoinDesk's Noelle Acheson discusses how efforts in the Caribbean to harness public blockchain tech could lead to regional transformation.

Business  ·  30 May 2017
Banking

Bitt Reveals Big Plans for Cross-Caribbean Blockchain Settlement Network

A new partnership could be step one in a larger bid to unite some of the Caribbean's biggest financial institutions with blockchain tech.

Business  ·  23 May 2017
News

Overstock Invests $4 Million in Barbados Bitcoin Startup

Caribbean digital currency exchange Bitt has received $4m in new funding from online retailer Overstock.

Markets  ·  1 April 2016
Exchanges

Bitt Launches Barbados Dollar on Blockchain, Calls for Bitcoin Unity

Bitt has launched a blockchain-based version of the Barbadian dollar it hopes will appeal to the country's underbanked.

Markets  ·  24 February 2016