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ANALYSIS-Central bankers comb for crypto clues as Bahamas launches Sand Dollar Reuters 12/18/2020
Popular Searches Users give positive early reviews of the Bahamas coin EXPLAINER-Central bank digital currencies:
By Tom Wilson
LONDON, Dec 18 (Reuters) - It didn t seem like a revolution.
A botanical green smoothie and a snapper fish burger, it was. In a Bahamas health-food cafe.
But future generations might look back at this as a pivotal moment - the first national launch of a technology that could upend commercial banking and even shake the U.S. dollar s status as the world s de facto currency.
The refreshments were among the first items bought using the Sand Dollar, a digital currency issued by the Bahamian central bank for use across the country via an app.
Analysis-Central bankers comb for crypto clues as Bahamas launches Sand Dollar
12/18/2020 | 02:54am EDT
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LONDON (Reuters) - It didn t seem like a revolution.
A botanical green smoothie and a snapper fish burger, it was. In a Bahamas health-food cafe.
But future generations might look back at this as a pivotal moment - the first national launch of a technology that could upend commercial banking and even shake the U.S. dollar s status as the world s de facto currency.
The refreshments were among the first items bought using the Sand Dollar, a digital currency issued by the Bahamian central bank for use across the country via an app.