Jamaica ‘mints’ first units of digital currency

Digital currencies

The Bank of Jamaica became the latest central bank to launch a live trial of central bank digital currency (CBDC), as it “minted” the first units of its CBDC on August 9.

“At a short ceremony this morning, Bank of Jamaica minted Jamaica’s first batch of central bank digital currency,” the central bank said in a statement.

Under the “watchful eyes” of finance minister Nigel Clarke, the central bank demonstrated the “intricate but efficient process” of issuing the digital currency.

The central

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