Jamaica’s finance ministry launches incentive program to trigger CBDC growth
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Jamaica's finance ministry has launched an incentive program aimed at promoting the growth of its central bank digital currency (CBDC). The CBDC is being used for certain government payments, such as those for seasonal work. Jamaica's largest bank is also reportedly promoting digital payments initiatives, although it is unclear if this is directly related to the finance ministry's CBDC program.