Cryptocurrencies
A Bold Caribbean Experiment in E-Cash Hits a Major Obstacle
DCash, used in seven nations, has been offline for weeks as technical glitches reveal the challenges governments face as they consider embracing digital currencies.
The rollout of DCash is being closely watched as the Eastern Caribbean emerges as a pioneer in CBDCs.
Source: DCash/ECCB
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One of the world’s first central bank digital currencies is experiencing serious growing pains.
DCash — a digital version of the Eastern Caribbean dollar used by seven small nations — has been offline for more than a month and it could take several more days to fully restore service, bank officials said.