The central bank of Jamaica is to begin rolling out its central bank digital currency from August, becoming one of the first countries in the world to push a CBDC formally through its central bank.
After the Bahamas, Jamaica would pilot test central bank digital currency. Roll-out expected in early 2022.
The central bank asked companies to come up with technological solutions for the CBDC, to be submitted by August 7 for consideration.
Crypto trading will be conducted through the Blockstation platform, an end-to-end crypto solution for stock exchange operators.