Managing Director of the Jamaica Stock (JSE) Exchange Marlene Street-Forrest says the advent of the planned digital currency by the Bank of Jamaica makes the JSE even more bullish about its planned digital currency platform.

The JSE is looking towards year end to offer cryptocurrencies and other digital currencies as tradable assets to its customers, and has signed a memorandum of understanding with the start-up Blockstation for the creation of the new trading platform.

 

Benefits of the digital platform are expected to include lower transaction costs and greater ease of business when conducting international transactions.

 

Crypto-exchanges, such as that planned by the JSE, allow traders to swap currencies, for example, the United States dollar or euro for the digital currency, or digital currency for digital currency.

https://www.jamaicaobserver.com/business-observer/jse-says-digital-trading-platform-bigger-than-currency-trading_224847?profile=1056