Bahamas wants to force banks to support its ‘Sand dollar’ CBDC
The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption.
Related Posts

Melania Trump’s memecoin team ‘quietly sold’ $30M, says Bubblemaps
Neither the MELANIA team nor Hayden Davis has explained the token transfers or sales, which follow from sales Bubblemaps identified in March. 681 Total views 2 Total shares The team behind US first lady Melania Trump’s memecoin, Melania Meme (MELANIA), has moved $30 million worth of the token out of the project’s community funds and

Blockchain Network’s Hard Fork to Triple TPS and Give Users Flexible Transaction Fees
A blockchain network is preparing for the imminent hard fork to the second version of its core system on 28 Nov – with users set to benefit from flexible transaction fees and the ability to develop their own plugins with ease.ARK has been preparing Core V2 of its platform for some time, and has stressed…

US lawmakers introduce bill to ‘fix’ crypto reporting requirement from infrastructure law
The bill proposes pushing back the mandated reporting requirements to 2026 as well as changing the definition of broker. 178 Total views 6 Total shares A bipartisan group of United States lawmakers has introduced legislation to change the tax reporting requirements that will go into effect due to the recently signed infrastructure bill.House Representatives Patrick…


BTC helped us unseat a 20+ year incumbent: Aarika Rhodes on Bitcoin Day
Rhodes highlighted the difficulty for grassroots candidates like herself to compete against established members of the US Congress. 588 Total views 32 Total shares Aarika Rhodes, an elementary school teacher-turned congressional candidate, recently featured in the Bitcoin Day Sacramento 2022 event to discuss the impact of Bitcoin (BTC) in local politics. Speaking to Cointelegraph, Rhodes highlighted…

US LocalBitcoins Trader Who Offered Fake Real Estate Gets 21-Month Jail Term
United States authorities have brought criminal charges against a LocalBitcoins trader in connection with operating an unlicensed money transmission business, a government press release confirmed on May 28.As revealed by the U.S. Attorney’s Office for the Southern District of California, Las Vegas resident Morgan Rockoons will serve 21 months in federal prison for his activities,…

Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.In the “Imagine 2030” report, Deutsche Bank strategist Jim Reid raised awareness of the challenges the existing fiat system has encountered in recent years, specifically with the emergence of cryptocurrencies. Reid stipulated that people’s…

Indonesian regulators consider tax on cryptocurrency transactions
Officials are considering a tax on all cryptocurrency transactions in Indonesia. 3321 Total views 24 Total shares Indonesia's Commodity Futures Trade Regulatory Agency (known as Bappebti) is considering levying a tax on all cryptocurrency transactions taking place on regulated exchanges within the country.Currently, 13 cryptocurrency exchanges fall under Bappebti’s regulatory oversight, and the tax would…