Cryptocurrency – Legality in Jamaica

Yes it is legal. The Bank of Jamaica (BoJ), the national Central Bank, has publicly declared that it ought to create opportunities for the exploitation of technologies together with cryptocurrencies. Accordingly, in 2017 the BoJ will be embarking on a campaign to construct awareness of cryptocurrencies as phase of increasing general financial literacy and understanding of cryptocurrencies. Indications are that early BoJ indicators point to their general framework on “electronic retail charge provider systems” possibly being brought to bear on initial cryptocurrencies concerns.

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