The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted.
"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.
Fintech company EMTECH is launching a compliance platform that helps central banks tackle compliance issues or safely test their central bank digital currencies.
The Bahamas has officially launched the world's first national digital currency, the sand dollar.
The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20.
The Bahamas' "Sand Dollar" will likely be the world's first live central bank digital currency when it launches in October.
The Bahamas is betting its mobile phone-based digital currency could be the key to faster post-disaster economic recovery.
A new “digital fiat currency” for the Bahamas could turn the island nation in to a crypto testbed.
Natalia Ameline's nonprofit, CryptoChicks, is spreading the blockchain gospel in emerging markets.
The Securities Commission of the Bahamas is pushing for a new token framework to draw blockchain businesses to the island nation.