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CBDC

Interest in central bank digital currencies picks up in Latin America and the Caribbean while crypto use varies

By Rina Bhattacharya, Dmitry Vasilyev, and Mauricio Villafuerte Latin America and the Caribbean (LAC) are at the forefront of digital money adoption, offering valuable lessons for the...

IMF working on global central bank digital currency platform

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director...

Jamaica | Uptick in the Number of Persons Using Lynk Digital Wallet for Remittances

There is an uptick in the number of persons utilising remittance services provided through the digital payment wallet – Lynk. Lynk is currently the sole...

Three fintech spaces to watch in 2023

It’s the start of a new year – a time to reflect on learnings from the past year and to plan for what lies...

Jamaica introduces JAM-DEX Central Bank Digital Currency

On June 10, Senator Kamina Johnson Smith, Jamaica’s Minister of Foreign Affairs and Foreign Trade piloted the Bank of Jamaica (Amendment) Act, 2022 in...

Jamaica – BOJ To Commence Rollout Of Digital Currency End Of June

The Bank of Jamaica (BOJ) is looking to commence national rollout of the Central Bank Digital Currency (CBDC) – JAM-DEX – at the end...

Jamaica – Senate Approves Central Bank Digital Currency

The Bank of Jamaica (BOJ) has been given the authority to issue Central Bank Digital Currency (CBDC) as legal tender locally, with the Senate’s...

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