🏝️ The Bahamas is saying "no more sand castles, let's build a Sand Dollar empire!" The country's central bank is set to introduce legislation making it mandatory for commercial banks to distribute its central bank digital currency (CBDC), the Sand Dollar, in a bid to boost adoption. Despite being the first country to introduce a CBDC, the Bahamas has seen less than 1% of its currency in Sand Dollars. The total volume of Sand Dollar wallet top-ups also took a nosedive from $49.8 million in 2022 to a mere $12 million between January and August last year. But hey, every empire starts with a single grain of sand, right? 🏖️