Technology Adviser: Norton Rose Fulbright

Central Bank of the Bahamas
Central Bank of Bahamas became the first in the world to issue a retail CBDC
Mikael Latreille

There is no doubt technology can improve the efficiency of payments, but it is not infallible, and central banks cannot afford to blindly place trust in it. The perceived threat of Libra, the growing demand for digital money and forced transformation as a result of Covid‑19 means central banks are exploring the use and risks of central bank digital currencies (CBDCs).

In January 2020, the Central Bank of The Bahamas went live with the first consumer-ready central bank digital currency – the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: