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 ...

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 ...

Jamaica is moving forward with a nationwide digital currency after the Senate unanimously passed a bill giving authority to the Bank of Jamaica to issue and back a central bank digital currency ...

“The Bank of Jamaica will roll out our own digital Jamaican dollar in 2022 after a successful pilot during 2021,” Prime Minister Andrew Holness wrote on Twitter, echoing a speech made by the ...

Jamaica is aggressively progressing with the country’s central bank digital currency (CBDC) as the Bank of Jamaica, or BOJ, has minted the country’s first batch of CBDC.