Tag: bahamas

Jul 21 2022

Private Island In The Bahamas Seeks Bitcoin Lightning Wallet Provider Partnership

Chub Cay, an island in the Bahamas, is actively looking for a Lightning Network wallet provider to launch a bitcoin standard to pioneer financial inclusion.Chub Cay is an island located in the Bahamas and is currently looking for a Bitcoin Lightning Network wallet provider to partner with.Chub Cay Resort and Marina conducted an internal survey showing over 50% of its employees...

Jul 18 2022

Governor Of Central Bank Of Australia Says Privatizing Cryptocurrency Sector Is Better

Many countries and markets gradually embrace the opportunities in crypto and blockchain. Unfortunately, the recent crypto winter seems to have affected the speed at which these technologies were moving. But there's still hope that things will turn better after the storm. Thankfully, there have been many indications that the crypto industry is not dead yet. Many crypto firms have continued unveiling innovations and...

Feb 17 2021

Mastercard Launches Prepaid Card for World’s First CBDC in Bahamas

The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted.

Jan 22 2021

Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves

Jan 22 2021 Published at CoinDesk under tags  bahamas banks business deltec markets

"Every tether is backed by a reserve and their reserve is more than what is in circulation," Gregory Pepin, Deltec Bank's deputy CEO, said on a podcast Friday.

Dec 16 2020

Fintech Company Launches Platform to Assist in Central Bank Digital Currency Development

Fintech company EMTECH is launching a compliance platform that helps central banks tackle compliance issues or safely test their central bank digital currencies.

Oct 21 2020

Bahamian Central Bank Launches ‘Sand Dollar’ Digital Currency – World First?

The 'Sand Dollar', pegged to the Bahamian dollar, is now available to all 393,000 Bahamian residents.

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