The Bank of Jamaica (BoJ) has successfully completed its central bank digital currency (CBDC), aiming for a national rollout in the first quarter of 2022.
Following initial testing of the CBDC prototype in March 2021, Jamaica’s central bank finalized an eight-month pilot project last Friday, the Jamaica Information Service reported.
- President Bukele Predicts a Price Rebound to $ 100,000, Greater Legal Adoption, and More
As part of the pilot, the BoJ minted 230 million Jamaican dollars (JMD) ($ 1.5 million) from the CBDC for issuance to authorized deposit-taking institutions and payment service providers on August 9, 2021.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Reference-es.investing.com
