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Topic: Central bank digital currency
Some of the most advanced digital currency pilot projects can be found in the Caribbean.
RF Holdings Limited, parent company of a group of investment banks in the Bahamas, Barbados, and the Cayman Islands, has entered into partnership with fintech company Bitt to enable digital currency transactions across its Caribbean network.
The notion of central bank digital currency, which has faced much resistance, now looks to be gaining momentum and possibly even traction in some parts of the world.