Is the Central Bank planning on taking the country cashless?

? Is the Central Bank planning on taking the country cashless?

No. Cash is not going anywhere.

We continue to improve the security and durability features of our banknotes. The Bank has no plans on eliminating cash.

Other FAQs

? What is Project Sand Dollar? ? Why does the Central Bank of The Bahamas think we need this? ? What is the difference between Central Bank Digital Currency (CBDC) vs. Bitcoin and other Cryptocurrencies? ? Is Sand Dollar a cryptocurrency like Bitcoin? ? What is an e-wallet? ? Where are Digital B$ accepted? ? Is the system secure? ? What is Blockchain? ? Why is Sand Dollar referred to as "the digital Bahamian dollar?" ? Is Sand Dollar Legal Tender? ? What is Sand Dollar backed by? ? Can Sand Dollar be used internationally?

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