The legislative changes come amid sustained growth in electronic transactions. The Bank of Jamaica has reported continued ...
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation. The Central Bank of Jamacia recently announced that it would ...
Jamaica will roll out its digital currency across the country in the first quarter of this year as part of an effort to lower transaction costs and provide financial services to citizens who do not ...
The Jamaican dollar (JMD) seems to have found stable ground after a period of depreciation. On June 28, the Jamaican currency managed to reach a value of 149 JMD for every US dollar. The appreciation ...
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 December. Jamaica is aggressively progressing ...
Jamaica plans to give $16 of free money to the first 100,000 citizens who use its soon-to-be-launched Jam-Dex digital currency. In a Facebook post Thursday, Prime Minister Andrew Holness said those ...