Zimbabwe

Zimbabwe Gold-Backed Digital Tokens Attract Over $14 Billion ZW In First Issue

The central bank received 135 applications worth ZWL 14 billion for its gold-backed digital tokens. The second auction is on…

2 years ago

Zimbabwe To Launch Gold-Backed Digital Currency On May 8th, Starting At $10

Zimbabwe's central bank to sell gold-backed digital currency to investors, the minimum token price set at $10 for individuals and…

2 years ago

Zimbabwe Needs $100 Million Of Gold To Kick-start Its Digital Currency

To stabilize the local currency, Zimbabwe needs $100 million in gold to launch its planned gold-based digital currency.

2 years ago

Zimbabwe Avoids Devaluation With New Gold-Backed Digital Currency

The Central Bank of Zimbabwe intends to launch a gold-backed digital currency.

2 years ago

The crypto business model is welcome in the Bank of Uganda sandbox

The Bank of Uganda (BoU) has declared that it is willing to accept crypto companies into its regulatory sandbox. The…

3 years ago

Zimbabwe’s Central Bank Chief declared: “We Don’t Believe in Cryptocurrencies”.

The Reserve Bank of Zimbabwe is still hostile to cryptocurrencies, but it is interested in building its own digital money,…

3 years ago

Zimbabwean minister signals interest in CBDC amid rumors of Bitcoin adoption

Zimbabwe's Information Minister has publicly denied the ongoing rumors that the country is investigating the adoption of cryptocurrencies and Bitcoin…

3 years ago

Zimbabwe could be the next country to accept Bitcoin as legal tender

Zimbabwe has noted the growing demand for cryptocurrency from its population, which it sees as a potential growth path. The…

3 years ago

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