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Jamaica is ‘Determined’ to Bring CBDC to Address Cash Problems: BOJ Governor
28.2.2024
Bank of Jamaica (BOJ) governor Richard Byles said that BOJ is determined to find solutions for the slow roll-out of their CBDC.
The post Jamaica is ‘Determined’ to Bring CBDC to Address Cash Problems: BOJ Governor appeared first on Cryptonews
Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
19.6.2022
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the associated risks. The governor added that cryptocurrencies’ unpredictability means they cannot function as a medium of exchange. Not Stable Enough to Be Good Means...
‘Bank of Jamaica Will Roll Out Digital Jamaican Dollar in 2022,’ Says Prime Minister
14.2.2022
According to an announcement from Jamaica’s Prime Minister Andrew Holness the Bank of Jamaica plans to “roll out” its central bank digital currency (CBDC) after the country’s successful pilot last year. Jamaica’s CBDC Is Due to Launch This Year Jamaica, the island...
Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’
4.1.2022
The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot. Only One Payment Provider Participated in the Pilot The Bank...
Bank of Jamaica completes first CBDC pilot
3.1.2022
The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021
Bank of Jamaica mints the first batch of national digital currency
10.8.2021
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
Bank of Jamaica to begin digital currency pilot in August
7.7.2021
The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions in the country
Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage
26.3.2021
While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDC...
Bank of Jamaica Invites Tech Companies to Test Digital Currency Solutions
21.7.2020
Jamaica’s central bank has invited technology solution providers to develop and test a potential CBDC