Bank of Jamaica Governor Richard Byles says Jamaica would be much farther ahead if the country had NIDS. He says a single form of identification would help the country with its Anti-Money Laundering and Countering the Financing of Terrorism, AML/CFT initiatives. Earlier this year, the Supreme Court ruled that aspects of the NIDS legislation were unconstitutional. He was speaking at a breakfast forum hosted by Jamaica Money Market Brokers, JMMB, last week. The BOJ Governor says other central banks in the region have been looking at ways to introduce digital currencies.
Source: https://nationwideradiojm.com/jamaica-would-be-further-ahead-with-nids-boj-governor/