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Jamaican taxi drivers bullish on accepting Jam-Dex CBDC

Bus and taxi operators in Jamaica are eager to use the country’s in-house central bank digital currency (CBDC) — Jam-Dex — as locals seek operational efficiencies and reduced costs and security risks.The Central Bank of Jamacia launched Jam-Dex, short for Jamaican Digital Exchange, in 2022, which was supported by an

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Jamaican central bank to airdrop Jam-Dex CBDC to early adopters

The first 100,000 Jamaican citizens to use the country’s new central bank digital currency (CBDC) known as Jam-Dex will be given a free $16 payment in the hopes of promoting widespread adoption. Jamaican prime minister Andrew Holness first announced the news in a Facebook post on Thursday. The post received a

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