Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation.
Jamaica’s central bank digital currency and the problems it hopes to solve
Jamaica Digital Exchange — Jamaica’s soon-to-be-released CBDC — will see citizens with crypto wallets receive a $16 deposit to help spread awareness and usage....
Jamaican central bank to airdrop Jam-Dex CBDC to early adopters
The Jam-DEX is named after the Jamaican Digital Exchange following a competition. Its slogan is “no cash, no problem!”
Crypto Twitter is not happy with the name and logo of Jamaica’s CBDC
The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022.
70% of Jamaica population to adopt CBDC in 5 years, prime minister says
The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021.
Bank of Jamaica completes first CBDC pilot
The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this Decem...
Bank of Jamaica mints the first batch of national digital currency
The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions in the country.
Bank of Jamaica to begin digital currency pilot in August