Status
LIVE
Jamaica
Jamaica JAM-DEX (Jamaica Digital Exchange)
According to Bank of Jamaica disclosures and linked sources, this profile records status, architecture, and capability fields for Jamaica JAM-DEX (Jamaica Digital Exchange).
Program Snapshot
Current status fields and timeline data from the profile record.
Type
RETAIL
Program classification
Wallets
305,026
As of 2025-12-31
Annual Volume
Not listed
high confidence
Status and Timeline
| Field | Value |
|---|---|
| Announced | 2021-03-01 |
| Pilot start | 2021-08-01 |
| Launch | 2022-07-11 |
| Last verified | 2026-06-06 |
Availability
- Retail
- live
- Wholesale
- none
Central Bank
Bank of Jamaica
Technical Profile
| Attribute | Value |
|---|---|
| Type | Retail |
| Architecture | two-tier |
| Access model | account based |
| Technology base | dlt |
| Legal tender | full |
Capabilities
offline payments: Yes
programmability: No
cross border: No
interest bearing: No
transaction limits: Yes
Cross-Border Projects
No cross-border project entries are listed for this profile.
Recent Updates
JAM-DEX is Jamaica live legal-tender central bank digital currency, launched on July 11, 2022 and managed by the Bank of Jamaica through wallet providers. BOJ materials continue to present JAM-DEX as the central-bank digital currency programme. The latest integrated official quantitative baseline is the BOJ Annual Report 2025: 305,026 registered wallet users at end-2025, two wallet providers offering JAM-DEX to the public, JN Pay launched in May 2025, and J$260.1 million of JAM-DEX in circulation. The same BOJ report says overall usage and spending via JAM-DEX increased relative to 2024 and that JAM-DEX remained accessible through the TAJ portal for selected online transactions.
Updated: Jun 6, 2026
Reference Answers
Is JAM-DEX live and legal tender in Jamaica?
high confidenceAs of 2026-06-06Yes. JAM-DEX is tracked as a live legal-tender CBDC, and the current page continues to describe it as Jamaica live central-bank digital currency system.
The Jamaica page should answer this directly because JAM-DEX is one of the few live retail CBDCs in the registry. Bank of Jamaica materials support the live classification, and the profile now uses the BOJ Annual Report 2025 for the latest integrated official metrics baseline: 305,026 registered wallet users and J$260.1 million in circulation at end-2025.
- JAM-DEX is tracked as live in the registry.
- The profile cites Bank of Jamaica CBDC and JAM-DEX materials.
- The latest integrated BOJ annual-report metrics are 305,026 registered wallets and J$260.1 million in circulation at end-2025.
Citations
- JAM-DEX - Bank of Jamaicacentral bank · T1
- CBDC FAQs - Bank of Jamaicacentral bank · T1
Caveats
- Future transaction-volume updates should keep prioritizing primary BOJ reporting over news summaries.
Related CBDCs
Sources
Sources
Last verified: 2026-06-06
JAM-DEX - Bank of Jamaica
central bank
CBDC FAQs - Bank of Jamaica
central bank
BOJ's CBDC Pilot Project a Success
central bank
JAM-DEX Phased Rollout Progresses
central bank
Bank of Jamaica Annual Report 2024
central bank
JN Bank Releases its JN Pay Wallet
news
Bank of Jamaica Annual Report 2025
central bank