Bahamas Central Bank to Launch Pilot Digital Currency

Home / Bahamas Central Bank to Launch Pilot Digital Currency

The Central Bank of the Bahamas is planning to introduce a government-backed pilot digital currency. Deputy Prime Minister and Minister of Finance of the Bahamas, K Peter Turnquest, said, that the development of a fully digital payment service is “the way forward for this era of governance.” He expects the government to launch a pilot program of issuing blockchain-based education certificates for graduates of the National Training Agency, as well as inspect the ways blockchain can be applied for business licences, passports, and national insurance.


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