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First expert group meeting on opportunities and risks associated with the advent of digital currency in the Caribbean

3 December 2014|Event
ECLAC - Caribbean

The purpose of the meeting was to review the study on the associated risks and potential benefits of digital currency adoption in the Caribbean region.

The input provided from participants at this expert group meeting will be considered and factored into the survey instrument to be submitted to Caribbean Central Banks in mid-December 2014. Together, the outcomes from this survey and recommendations from the expert group meeting on opportunities and risks, associated with the advent of digital currency in the Caribbean will be used to formalize a study on the topic. 

1. Opening of the meeting

2. Introductions, experiences, exposure and work with digital currencies

3. The current state of electronic payment and mobile money solutions in the region

4. Opportunities which digital currencies may present

5. Risks which digital currencies may present

6. Possible policy options

7. Conclusions and recommendations  

Practical information

The meeting was attended by representatives from the Government, the Central Bank of Trinidad and Tobago, anti money laundering institutions, digital currency vendors, e-commerce vendors, and Caribbean Association of National Telecommunications Organizations (CANTO). 

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