Cryptocurrencies
Jamaica Offers Free Money to Digital Currency’s First Adopters
- Government offers $16 incentive to those who activate wallets
- Caribbean has led move toward central bank digital currencies
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Jamaica plans to give $16 of free money to the first 100,000 citizens who use its soon-to-be-launched Jam-Dex digital currency.
In a Facebook post Thursday, Prime Minister Andrew Holness said those who activate digital wallets after the currency goes live will receive an “incentive” of 2,500 Jamaican dollars.