Bahamas will launch their digital currency until the end of 2020

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The head of the central bank of the Bahamas John Roll reported that the launch of the national digital currency is scheduled for the second half of 2020.

Currently, the Digital Dollar Bahamas is already tested in the framework of the Initiative

Nevertheless, John Roll stated that the full launch of the digital currency will be held later than 2020. According to him, the sand dollar is not a separate currency, but only a digital analogue of FIATA, so its cost will never differ.

John Roll also said that so far the national digital currency is intended solely for use in the territory of the Bahamas, but later changes can be made to the concept.

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