Jamaica’s Prime Minister Andrew Holness said the Bank of Jamaica plans to “roll out” its central bank digital currency (CBDC) this year. Blockchain
According to an announcement from Jamaica’s Prime Minister Andrew Holness the Bank of Jamaica plans to “roll out” its central bank digital currency after the country’s successful pilot last year.Jamaica, the island country situated in the Caribbean Sea is planning to launch its CBDC this year, according to Prime Minister Andrew Holness.
The statement follows the Jamaican central bank’s “successful” pilot it experimented with last year. At the end of 2021, the Bank of JamaicaThe statements stemming from Holness reiterated that the CBDC was successful and the digital currency will be the foundational infrastructure.
Jamaica’s upcoming CBDC follows a small handful of nation-states like China, Nigeria, and Venezuela that have deployed CBDCs. Meanwhile, the European Commission has disclosed it would be unveiling a
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