Jamaica news and trends

CBDC Weekly: Biden Ignites Digital Dollar Debate; India’s Digital Rupee Expected This Year
CBDC // March 11, 2022

The question of whether the U.S. needs a digital dollar moved far higher up the political agenda this week, as the need for a central bank digital currency (CBDC) played a leading role in President Joe Biden’s eagerly awaited executive order on regulating cryptocurrencies. While...

‘No Cash, No Problem!’ Jamaica Christens Its CBDC Jam-Dex
CBDC // February 20, 2022

The Bank of Jamaica (BOJ) has rolled out the name for its central bank digital currency (CBDC), which will now be known as the Jamaica Digital Exchange, or Jam-Dex, the Caribbean website Loop reported Friday (Feb. 18). The tagline will be “No cash, no problem!”...

Bank of Jamaica Targets Q1 CBDC National Rollout 
CBDC // January 03, 2022

The Bank of Jamaica (BOJ) recently wrapped up the pilot of its central bank digital currency (CBDC) and says it’s on track for a nationwide rollout in the first quarter of 2022, according to a Cointelegraph report Monday (Jan. 3).  BOJ wrapped up its eight-month...

Jamaica Readies For CBDC Later In 2021
International // March 17, 2021

Among the countries looking at central bank digital currencies (CBDCs) is Jamaica, CoinDesk reported. Nigel Clarke, Jamaica’s minister of finance, speaking at the annual National Budget Debate address to the legislature on March 9, said the CBDC will see a pilot by December before the...

Quick Reads
Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy

August 11, 2023
Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Net revenue for the quarter ending June 30 was $408.9 million, while organic revenue increased 11.4% YoY, led by the U.S., where all sales channels, including doughnut and cookie shops, Delivered […]

‘No Cash, No Problem!’ Jamaica Christens Its CBDC Jam-Dex

February 20, 2022
The Bank of Jamaica (BOJ) has rolled out the name for its central bank digital currency (CBDC), which will now be known as the Jamaica Digital Exchange, or Jam-Dex, the...

Bank of Jamaica Targets Q1 CBDC National Rollout 

January 03, 2022
The Bank of Jamaica (BOJ) recently wrapped up the pilot of its central bank digital currency (CBDC) and says it’s on track for a nationwide rollout in the first quarter...

Jamaica Readies For CBDC Later In 2021

March 17, 2021
Among the countries looking at central bank digital currencies (CBDCs) is Jamaica, CoinDesk reported. Nigel Clarke, Jamaica’s minister of finance, speaking at the annual National Budget Debate address to the...