Jam-Dex, Jamaica’s newly minted central bank digital currency, or CBDC, ranked fourth among a group of 10 leading countries that are issuing CBDCs in retail form for use as money, according to a new report by PricewaterhouseCoopers.

The report “analyses and ranks” the leading retail and wholesale CBDC projects, by measuring “central banks’ level of maturity in deploying their own digital currency” .

Nigeria, with its eNaira, topped the index, with expectations that the e-currency will raise the level of financial inclusion in the African country from two-thirds to 95 per cent.

https://jamaica-gleaner.com/article/business/20220422/jamaica-ranks-fourth-push-towards-digital-money-report