Bahamas Financial News
01.02 / 22:17
UPS
Digital
Racing
Post successful pilot test, Jamaica may begin nationwide CBDC rollout this quarter
The global race between governments to launch a central bank digital currency (CBDC) has heated up exponentially over the past month, especially now that some of these currencies have already been rolled out by countries like Nigeria and the Bahamas.
31.01 / 16:23
UPS
Digital
coinbase
Bitcoin
valuation
Cryptocurrency exchange FTX hits $32 billion valuation despite bear market fears
Cryptocurrency exchange FTX saw its valuation swell to $32 billion in a new funding round announced Monday, highlighting continued appetite for the sector even as investors grow wary about a sharp pullback in crypto prices.
26.01 / 13:41
UPS
Digital
coinbase
Bitcoin
Coinbase rival FTX U.S. valued at $8 billion as investors brace for 'crypto winter'
FTX U.S., the American affiliate of cryptocurrency exchange FTX, said Wednesday it has raised $400 million in its first external fundraising round.
25.01 / 06:39
CBDC
Adoption
Central Bank
Bank of America
Stablecoin adoption
Bank of America says stablecoin adoption and CBDC is ‘inevitable’
It appears that the U.S. will finally be moving forward to create its own central bank digital currency (CBDC) according to the Bank of America.
10.01 / 13:47
07.01 / 19:51
Hollywood
Actor
News
Actor Sidney Poitier, the first black Oscar winner, dies aged 94
Sidney Poitier, the groundbreaking actor and enduring inspiration who transformed how Black people were portrayed on screen, became the first Black actor to win an Academy Award for best lead performance and the first to be a top box-office draw, has died. He was 94.
07.01 / 19:31
News
Hollywood's first black star Sidney Poitier dies aged 94, say senior Bahamas officials
Sidney Poitier, the legendary actor and Hollywood's first black star, has died at the age of 94, say senior officials in the Bahamas, where the actor grew up.
02.11 / 00:31
business
Blockchain
Technology
Adoption
enaira
eNaira slowly gains traction post-launch amidst glitches
The rollout of the world's second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch theirs, known as The Sand Dollar, the year prior.
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