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Bank of Jamaica Collaborates with Local Government to Expand CBDC Adoption
In a recent update, it was reported that the Bank of Jamaica is set to partner with the Government to boost the adoption of its central bank digital currency, JamDex, as a payment method.
Jamaica on Track to Launch CBDC, says Jam-Dex
The Jamaican Decentralized Exchange (Jam-DEX), the official name of the Jamaican CBDC is set to go live for domestic use later this month, according to Bank of Jamaica Governor Richard Byles.
The Bank of Jamaica Suggests Court Order Approval Required for Tracking CBDC Transactions
The Bank of Jamaica (BOJ) believes it must obtain a court order approval for tracking CBDC transactions, apart from wallet holders and issuers.
Bank of Jamaica Mints First Tranche of CBDC
The Bank of Jamaica has minted its first batch of its CBDC, the Digital Jamaican Dollar, and has entered a pilot testing phase.
Jamaica to Launch Central Bank Digital Currency in 2022
Jamaica’s Minister of Finance Nigel Clarke has announced that the country intends to launch its central bank digital currency (CBDC) in 2022.