By the beginning of September, digital wallet holders and businesses will be able to transfer Sand Dollars in and out of their commercial bank accounts, Central Bank Governor John Rolle said yesterday.
His comments come as the Central Bank begins its campaign to ramp up greater adoption of its Sand Dollar digital currency to the wider Bahamian public.
The Central Bank has been working toward the integration of its digital currency platform with the real-time gross settlement system (RTGS) and automated clearing house (ACH) system for some time, realizing that that will be a major catalyst toward greater adoption.
