Jamaica Becomes First Country to Make a CBDC Legal Tender
Jamaica: Central bank has officially recognized the “Jam-Dex” CBDC as legal tender, becoming the first country to do so.
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Jamaica: Central bank has officially recognized the “Jam-Dex” CBDC as legal tender, becoming the first country to do so.
Known as the Jamaica Digital Exchange, or Jam-Dex, the Caribbean’s newest CBDC is going to save the country millions, the central bank says.
Any effort to create a digital dollar will involve far more than just technology. Privacy regulations, security protocols, and legal issues pose greater challenges than software and networks. With that in mind, eCurrency CEO Jonathan Dharmapalan explains what's needed to create a digital dollar and just what it would offer.
/PRNewswire/ -- eCurrency, a leading security technology solution provider that enables central banks to issue central bank digital currency (CBDC), today...
Open Banking Expo, the leading global community of Open Banking and Open Finance executives responsible for digital transformation across financial services, will host thought leaders and practitioners for the Central Bank Digital Currencies (CBDCs) Confex on 10 March 2022.