Jamaica Financial News

01.03 / 20:15

regulation Former Biden Advisor Reveals Administration's Drive Towards Digital Dollar – What's Going On?

A former top economic adviser for President Joe Biden has revealed that the administration is pushing to launch a digital dollar in a bid to “crowd out” private cryptocurrencies.

12.01 / 11:33

Stocks market COP Southern Wall Street’s top cop trains his sights on crypto

Joe Miller in New York Damian Williams made history well before he brought criminal charges against FTX founder Sam Bankman-Fried over “one of the biggest financial frauds”. In late 2021, the Brooklyn-born son of Jamaican immigrants became the first black person to be sworn in as the US attorney for the Southern District of New York, the storied branch of American justice whose jurisdiction includes Wall Street and, by extension, global finance.

26.05 / 13:43

cryptocurrency Digital Currency Ruble Will Russia’s digital ruble shield its economy from Western sanctions?

A waiver issued by the US Treasury allowing Russia to still transfer payments for its foreign bonds despite Western sanctions expired on Wednesday, leaving Moscow to face an eventual, inevitable default.

05.04 / 05:51

Government Stablecoin Adoption Tether More than three-quarters of central banks considering a CBDC: research

More than 80% of central banks are interested in launching a Central Bank Digital Currency (CBDC) or have already done so according to research conducted by accounting firm PwC.

28.03 / 22:19

cryptocurrency BTC Crypto Exchange Bitcoin What If Bitcoin Was Built By The Government?

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

25.03 / 16:15

Blockchain Technology Adoption Banks Jamaica’s central bank digital currency and the problems it hopes to solve

The Central Bank of Jamacia recently announced that it would be launching its central bank digital currency (CBDC), dubbed the Jamaican Digital Exchange, or Jam-Dex, in the first quarter of 2022. According to the Jamaican government, the national digital currency will help to lower transaction costs while allowing the unbanked to access financial services.

23.03 / 09:43

Blockchain cryptocurrency Digital NFT 'Bored Ape' NFT-Start-Up Yuga Labs Valued At $4 Billion After $450 Million Fundraise

An NFT is a digital asset that uses blockchain technology.

11.03 / 07:53

Government Blockchain Adoption 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.

09.03 / 23:07

Ethereum cryptocurrency Bitcoin Central Bank Digital Currencies: Which countries are using, launching or piloting CBDCs?

Digital currencies have been surging in popularity over the last few years as cryptocurrencies like Bitcoin have entered the mainstream and captured millions of people’s imagination.

08.03 / 16:51

Blockchain Adoption Central Bank The Philippines to launch pilot CBDC implementation

As the world of finance continues to transform, new forms of money are challenging traditional monetary infrastructures that have been around for a long time. Currently, central bank digital currencies (CBDCs) have caught the eye of various countries, including the Philippines.

22.02 / 14:09

Adoption Central Bank NOT Crypto Twitter is not happy with the name and logo of Jamaican CBDC

The Bank of Jamaica revealed the name of its upcoming central bank digital currency (CBDC) after a design competition, only to receive backlash from the local crypto community.

17.02 / 15:59

NFT NYSE crypto news NYSE moves closer to NFT trading with trademark application

NYSE" for a marketplace for non-fungible tokens (NFTs), taking a step closer to setting up an online trading place for cryptocurrencies and NFTs. The hype around cryptocurrencies last year spilled over to NFTs, a form of speculative investment that has attracted fans including former U.S. first lady Melania Trump and Jamaican sprint great Usain Bolt. Companies involved in this sector have also been backed by heavyweights Microsoft Corp and SoftBank Group Corp.

17.02 / 14:57

cryptocurrency Provident NYSE New York Stock Exchange Files Trademark Application For NFT Marketplace

The NYSE minted its first set of NFTs in April last year.

15.02 / 17:23

Blockchain Adoption Winter Olympics Bitcoin controversy Crypto at the Olympics: NFT skis, Bitcoin bobsledders and CBDC controversy

The 2022 Winter Olympics, officially called the XXIV Olympic Winter Games, kicked off on Feb. 4 in Beijing with crypto being a major part of the event, partly because of the Chinese government’s digital currency ambitions.

11.02 / 22:09

Ethereum cryptocurrency Bitcoin CBDCs: Which countries are using, launching or piloting their own digital currencies?

Digital currencies have been surging in popularity over the last few years as cryptocurrencies like Bitcoin have entered the mainstream and captured millions of people’s imagination.

03.02 / 23:14

COST UPS Provident Going abroad? Your destination may require travel insurance

Are you planning a trip abroad? You may need to buy travel insurance to visit your destination country.

01.02 / 22:17

UPS Digital Racing Post successful pilot test, Jamaica may begin nationwide CBDC rollout this quarter

The global race between governments to launch a central bank digital currency (CBDC) has heated up exponentially over the past month, especially now that some of these currencies have already been rolled out by countries like Nigeria and the Bahamas.

01.02 / 20:03

COST Provident Digital India to Launch Central Bank Digital Currency

India's central bank plans to launch a virtual version of the rupee in the 2022-2023 fiscal year, which begins on April 1.The announcement of the country's central bank digital currency (CBDC) came at the same time that India said it will impose a 30% tax on income gained from digital assets.In launching a CBDC, India joins a growing list of countries to issue national digital currencies.

29.01 / 16:09

business Blockchain Bitcoin services Meta goes Brazil to trademark Bitcoin and crypto services

Meta, the world’s biggest social media platform, has filed a trademark registration with the Brazilian authorities to design, develop and provision hardware and software for various Bitcoin (BTC) and crypto-related services.

17.01 / 13:05

Blockchain Adoption 70% of Jamaica population to adopt CBDC in 5 years, prime minister says

Central bank digital currency (CBDC) evolved into a hot topic in Jamaica when the country’s central bank successfully completed the first pilot test in early January.

03.01 / 13:01

Government Adoption Central Bank Bank of Jamaica completes first CBDC pilot

The Bank of Jamaica (BoJ) has successfully completed its first central bank digital currency (CBDC), targeting a national rollout in the first quarter of 2022.

breaking news about Jamaica

What is the current situation in Jamaica?

In Jamaica, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about Jamaica?

We publish reliable reports about the situation in Jamaica, based on information from official representatives.

What shapes the media agenda in Jamaica?

The news landscape of Jamaica is shaped by the region’s internal dynamics, reflecting its local way of life.