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Bahamas CBDC Prepaid Card, Ether Investment Products and Travel Rule Solutions Launch, Crypto Enforcement Settlements by OFAC and NYAG | BakerHostetler

Bahamas CBDC Integrates with Prepaid Card, Bitcoin Donation Data Published By: A major U.S. financial services firm recently announced a collaboration with the Central Bank of The Bahamas to launch a new prepaid card to facilitate use of the Sand Dollar, a digital currency issued by the Central Bank of The Bahamas and treated the same as a traditional Bahamian dollar. The Sand Dollar became the first fully deployed digital version of a country’s fiat currency in October 2020; with the new prepaid card, Bahamians will be able to use the Sand Dollar wherever credit cards are accepted, whether in the Bahamas or around the world.

New York AG sues Amazon for putting profit over people when it comes to COVID-19

State legal filing answers Amazon s preemptive federal lawsuit last week Share Copy Five days after Amazon filed a federal lawsuit against New York Attorney General Letitia James to preempt anticipated state legal action, James has answered with a complaint against the e-commerce giant alleging labor law violations. James s filing on Wednesday in the State of New York s Supreme Court alleges that Amazon failed to take adequate health and safety measures to protect workers at its warehouses in the US state, and retaliated against employees who protested working conditions during the onset of the COVID-19 pandemic. While Amazon and its CEO made billions during this crisis, hardworking employees were forced to endure unsafe conditions and were retaliated against for rightfully voicing these concerns, said Attorney General James in a statement. Since the pandemic began, it is clear that Amazon has valued profit over people and has failed to ensure the health and safety of

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