Jamaica plans to launch a Digital Currency in 2022 and we can see CDBCs replacing step by step paper money. Going digital and adopting blockchain technologies is the new normal! According to the statement from Prime Minister Andrew Holness' declaration, Jamaica is planning to launch its central bank digital currency (CBDC) this year. Holness announced the news in a thread on Monday, underlining the key ideas of a speech he gave in order to kick off the nation's 2022/2023 parliamentary year. The digital Jamaican dollar will be launched in 2022, following a successful test in 2021, according to Holness.
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