Persons Will Be Able To Receive Remittances Through JAM-DEX
Persons with Central Bank Digital Currency (CBDC) accounts will be able to use these to receive remittances from overseas. Governor of the Bank of Jamaica (BOJ), which is spearheading implementation of the CBDC dubbed ‘JAM-DEX’, Richard Byles, said that while individuals sending funds would have to do so using existing arrangements at their respective locations, when the money gets here,...







