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jamaica News and Articles



Jamaica

Jamaican Prime Minister thinks 70% of the residents will use CBDC

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Back in 2020, the Central Bank of Jamaica announced its readiness to launch its token. The regulator already then began to negotiate with IT companies that should help the country create a national digital currency. Prime Minister Andrew Holness told reporters that he has no doubts about the...

Jamaica CBDC

Jamaica’s Central Bank Mint First CBDCs

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Jamaica’s CB minted the first amount of the country’s national currency in digital form. On August 9, the official site of the establishment published the news. The division working on the digital currency project carried out a small financial ceremony demonstrating the way of minting. Among...

Jamaica

Jamaica announced trials of its token

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Back in March 2021, the Central Bank of Jamaica promised to begin testing its digital currency (CBDC) in May. The tests should be completed by the end of this year, the regulator emphasized. This week, the Bank of Japan announced that testing of the digital currency will begin in August. The head...

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