Jamaica prepares for national CBDC launch - Central Banking
Country is in the vanguard of digital currencies as it begins its national launch this quarter
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Country is in the vanguard of digital currencies as it begins its national launch this quarter
The Bank of Jamaica (BOJ) has minted the country’s first batch of its central bank digital currency (CBDC) on Aug 10.
The Bank of Jamaica (BOJ) at the start of this week minted $230 million...
Jamaica, Ireland firm partner to test CBDC project in 2021 Business The Bank of Jamaica has partnered with an Ireland-based company—eCurrency Mint—to pilot its central bank digital currency (CBDC) project. The project will commence between May and December of this year. As reported by CoinGeek in July 2020, the bank was looking for a technology partner to commence its CBDC pilot in 2021. While inviting applications, it touted the potential of the CBDC, claiming it would increase financial inclusion through ‘efficient and secured payments.’ The bank announced in a press release...