Jamaica Poised to Roll Out Jam-Dex E-Currency Nationally
By Jim Wyss
June 7, 2022, 5:08 PM
Jamaica lawmakers have given final approval for the national debut of Jam-Dex, the country’s central bank digital currency.
The country’s Senate passed the required legislation on June 3, following the House of Representatives’ approval last month.
The Caribbean nation began a phased rollout of Jam-Dex on May 11, but needed the measure to pass the legislature before circulating the e-currency more broadly. Governments around the world have been exploring the benefits of sovereign e-cash.
Read more:‘No Cash, No Problem’: Jamaica Picks Tagline for New E-Currency
Jam-Dex will allow more people to participate in the financial system and boost ...
