The Jamaican Decentralized Exchange (Jam-DEX), the official name of the Jamaican Central Bank Digital Currency (CBDC), is set to go live for domestic use later this month, according to Bank of Jamaica...
Tag: JamDex
Releasing Jam-Dex CBDC in April
The goal is to encourage mass adoption of the country’s new central bank digital currency (CBDC). The first 100,000 Jamaican individuals who use the CBDC, known as Jam-Dex, would get a $16 payment for...
Early Investors Will Receive Jam-Dex CBDC From The Jamaican Central Bank
Around 17% of the Jamaican population does not have access to banking services. Although people on social media speculate regarding governmental motives, the Observer reminds out that being unbanked w...
Jamaican central bank to airdrop Jam-Dex CBDC to early adopters
The first 100,000 Jamaican citizens to use the country’s new central bank digital currency (CBDC) known as Jam-Dex, will be given a free $16 payment in the hopes of promoting widespread adoption. Jam...
Jamaica all set to launch its New Jam-Dex CBDC
Jamaica is cleaning up everything prior to sending off its new CBDC The logo of the CBDC alludes to the Ackee Mexico hopes to send off a CBDC in 2024 No money, no issue! Assuming you are one of the pe...
Bank Of Jamaica Says It’s Ready To Roll Out The Jam-Dex CBDC
The Jamaican government says it is getting everything ready before launching its central bank digital currency (CBDC), called Jam-Dex. The Bank of Jamaica, in a press release this week, announced that...
Jamaica Has Everything Ready For Its New Jam-Dex CBDC
No cash, no problem! If you are one of those who think that physical money is old-fashioned, you might want to move to Jamaica, where the Central Bank has a similar stance and is getting closer each d...