IMF recommends the Bahamas ‘accelerate its education campaigns’ on CBDC - Cointelegraph


5/9/2022 12:00:00 AM2 years 11 months ago
by Turner Wright

The IMF said its executive directors “recognized the potential of the Sand Dollar to foster financial inclusion” and recommended the Central Bank of The Bahamas “accelerate its education campaigns and continue strengthening internal capacity and oversight.”

The International Monetary Fund, or IMF, has turned its attention to the Bahamas central bank digital currency (CBDC), the Sand Dollar, and suggested additional regulatory oversight and education. R… [+2191 chars]

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