The central bank of Jamaica is actively building cryptocurrency awareness

The Jamaica Information Service (JIS) recently reported that the government is actively “building cryptocurrency awareness.” The statement was provided on Wednesday, by the Bank of Jamaica (BOJ) Deputy Governor Livingstone Morrison, at the central bank’s quarterly media briefing.

Morrison says the central bank must create opportunities for the exploitation of certain technologies, including cryptocurrency, while pointing out that such technologies should not pose undue risk to the local financial system.

The Bank has also established an internal group of persons who are working to build awareness of these kinds of technological happenings across the world. The group are also guiding regional efforts.