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As 130 economies explore CBDCs, the Bahamas, Jamaica, and Nigeria have fully launched their versions, while G20 nations proceed cautiously. According to the Atlantic Council Central Bank Digital Currencies (CBDC) Tracker updated on Aug. 16, only three countries have fully…
Preliminary outcomes from countries where central bank digital currencies (CBDCs) have been introduced show mixed results. Despite widespread exploration and a handful of launched projects, CBDCs are yet to achieve global adoption. According to an Atlantic Council report, 130 countries…
The central bank of Jamaica says legal approval a must before monitoring customer’s personal transactions tied to CBDCs. Batting for Customer Protection The Bank of Jamaica (BOJ) – Jamaica’s central bank – made an important announcement recently saying that despite…