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Cryptopolitan
2022-06-09 10:55:01

Jamaica, in a historic move, makes its CBDC a legal tender

Jamaica, in a historic move, makes its CBDC a legal tender

Jamaica has become the first country to offer a CBDC legal tender in an attempt to provide a difference in a cash-rich environment — and help the unbanked. Jamaica’s parliament passed legislation rendering the Bank of Jamaica’s currency (BOJ) CBDC a legal tender when Jamaicans seek an alternative to their nation’s cash-based economy. Jamaica makes...

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