Bahamas National Cryptocurrency Developer Says Startups Essential for Adoption – Cointelegraph

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Bahamas National Cryptocurrency Developer Says Startups Essential for Adoption  Cointelegraph

The CEO of NZIA Ltd, the firm developing the Bahamas’ central bank digital currency, said that startups will be key to its adoption The CEO of transactions firm NZIA Ltd, Jay Joe, says Bahamian tech startups will need to lead the development of Project Sand Dollar, according to a report by the Nassau Guardian on May 31. Project Sand Dollar is an initiative to tokenize the Central Bank of the Bahamas’ (CBOB) fiat currency as a central bank digital currency (CBDC), which is supposed to launch in the Bahamian district Exuma this year. Joe discussed how he thinks participation from local banks,…

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