Central Bank of The Bahamas

Eight news stories.

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What's New in Payments

IMF reports on digital currencies

By Tom Phillips • • Updated • nfcw.com
IMF managing director Kristalina Georgieva

Around 100 countries are now exploring the potential development and issuance of a central bank digital currency (CBDC), and the challenges and opportunities identified by these research projects reveal a need for “increased international information-sharing of insights learned”, according to an International Monetary Fund (IMF) report... More

What's New in Payments

Central Bank of Bahamas plans digital currency pilot

By Sarah Clark • • Updated • nfcw.com

Bahamas to introduce digital currency — Jamaica Observer — “The production of a modern fully digital payment service is the way forward for this era of governance… A digital Bahamian currency is especially important for the many family islands as they have seen many commercial banks downsize and pull out of their communities, leaving them without banking services.”

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