Jamaican cryptocurrency

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Colleen Hagerty Colleen Hagerty is program last year to test-run the currency, which has been named the Jamaican Digital Exchange.

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How to buy bitcoin in Jamaica
Five million Jamaican dollars ($38,) was issued to Jamaica's crypto. January 10, A bitcoin logo is pictured on a door at La. Jamaica's Central Bank Digital Currency (CBDC) � JAM-DEX. JAM-DEX - (C) Bank of Jamaica intervened in the FX market today, 07 February , US$20 million. Unlike better known crypto currencies such as Bitcoin, whose users value their independence from central banks, CBDCs are government-backed.

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The Caribbean islands are looking to develop their own versions of digital currencies with Jamaica taking the lead. Users 10,, Support Submit a Ticket. CBDC wallet holders can pay one another by scanning a corresponding QR code or entering the wallet ID of the person they want to send funds to. The system only records the value of the transaction for authentication purposes.