Jamaica is the only economy genuinely doing good right now – but how?
While the world’s economies seem to be having such a terrible time, Jamaica conspicuously stands out, challenging the norms and showcasing an economic resilience that’s hard to ignore. The island’s journey from financial despair to economic stability is not just inspiring. It’s a beautiful lesson in determination and strategic finesse. So, what’s Jamaica’s secret? You’re […]
Bank of Jamaica mints first round of CBDC
TL;DR Breakdown Bank of Jamaica mints first round of CBDCs. To tap third parties for anti-money laundering development. In a remarkable development for the cryptocurrency space, the Bank of Jamaica (BoJ) has announced the successful minting of the country’s first batch of digital Jamaican dollars. According to the announcement, the Bank of Jamaica, following its […]
Bank of Jamaica rolls out plan to test CBDC
TL;DR Breakdown Bank of Jamaica to begin testing CBDC August Financial institutions to help BOJ distribute CBDC Jamaica CBDC an alternate to fiat currencies The Bank of Jamaica has announced plans to begin testing the country’s Central Bank Digital Currency (CBDC) by next month (August). Local reports in the country report that Bank of Jamaica […]
