Tag: Digital currencies

The digital dollar deadlock: JAM-DEX three years on

Three years since its launch, JAM-DEX remains at a crossroads. Although the digital currency is fully operational, it still accounts for only 0.1% of Jamaica’s total money in circulation. In this article, we dive into the current stalemate between the Central Bank and commercial institutions and revisit the five critical roadblocks we identified back in 2023 to see how much has actually changed.

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