Share this article
Jamaica's Central Bank to Pilot CBDC Beginning in May
The Bank of Jamaica will pilot the CBDC in its fintech regulatory sandbox from May to December.
Updated Sep 14, 2021, 12:31 p.m. Published Mar 24, 2021, 2:42 p.m.
The Bank of Jamaica (BoJ) is planning to pilot its central bank digital currency (CBDC) in May and is working with Ireland-based technology firm eCurrency Mint to support the rollout.
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- According to an announcement shared Tuesday, the BoJ said that “after an extensive procurement process” it had selected eCurrency Mint to support its pilot program.
- Between May and the end of December this year, the Jamaican central bank will pilot the CBDC in the bank’s fintech regulatory sandbox.
- The CBDC is then expected to be officially rolled out nationally in early 2022, and eCurrency Mint will be the provider, said the BoJ.
- As reported by CoinDesk, the government of Jamaica views the accelerated transition to a digital society and economy as vital to economic recovery following the COVID-19 pandemic.
Advertisement
Read more: Jamaica to Pilot CBDC Later This Year
More For You
This article is created to test tags being added to image overlays

Dek: This article is created to test tags being added to image overlays
What to know:
- Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.
Top Stories