The authorities of Bahamas will begin release of Cryptocurrency on October 20

Central bank Bahamas will begin gradual release of national Cryptocurrency outside pilot territories District of Exuma and Abako since October 20 of the current year. The Sand Dollar project is continuation of an initiative of the authorities on modernization of Payment system which started in 2000, is reported in the official press release of the regulator. The first phase of expansion will capture the authorized accounts, each of which will undergo check of these users taking into account possible risks and KYC requirements. Thus, the cryptoproject does not provide anonymity when carrying out operations. "The second...