2018-8-23 07:01 |
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The Zimbabwean government has initiated a study to develop regulations for the virtual asset industry. On June 12, the Zimbabwe Mail reported that the government had established a committee to collect data from crypto companies operating within the country.
Zimbabwe is taking an exciting step into the future by launching a public consultation to get opinions on regulating cryptocurrency operations in the country, Bloomberg reports. This is a big change for a nation that has historically struggled with currency issues.
Zimbabwe is seeking comments from the crypto industry as it tries to understand the sector more.
Zimbabwe is seeking public comments on crypto regulation as the country aims to integrate emerging tech into its economic framework. Zimbabwe has called for public feedback on crypto operations as it crafts a policy framework for the burgeoning sector, Bloomberg…
The Reserve Bank of Zimbabwe (RBZ) has expressed its desire to establish a new form of digital money known as the Gold-Backed Digital Token (GBDT). This digital currency will be underpinned by gold bullion reserves held by the central bank.
Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion in its native currency or 39 million in United States dollars.
Coinspeaker Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation.