Cryptocurrencies and CBDCs have the potential to enhance financial inclusion. However, the lack of quantitative data makes it challenging to evaluate their impact. To assess their financial inclusion capacity, we need to consider multiple layers and adapt strategies to local needs and policies.
AMONG the many unprecedented events of the 2020s is the Bank of Jamaica’s launch of Jamaica’s own digital currency. Many remain unsure, uninformed and, consequently, sceptical about the use of digital.
In this episode of FRT, Tommaso Mancini-Griffoli, Division Chief in the Monetary and Capital Markets Department, and Gabriel Soderberg, Financial Sect.
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