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Bahamas To Roll Out Digital Currency



The Bahamas is set to get its own digital currency. The Bahamas’ Central Bank governor John Rolle yesterday confirmed that the digital Bahamian dollar will be rolled out by the second half of 2020.In fact, Project ‘Sand Dollar’ is already well advanced with its first pilot underway on the island of Exuma since December 2019. Project Sand Dollar is the first test initiative that will soon be extended to the tourist hub island of Abaco.

Rolle said that Abaco was initially the first choice for the pilot as the island is still recovering from the effects of Hurricane Dorian. However, it was missing the “financial access issue,” since most of the main banks are present there.

Also covered on Travel and Cruise Industry News, Feb 15, 2020 is updates on the Westerdam and the Diamond Princess, Royal Caribbean and Celebrity Humanitarian Efforts, and Royal Caribbean’s new project in Antigua.

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