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Zimbabwe to issue gold-backed digital currency to save local currency
The Zimbabwe dollar has been depreciating against the US dollar. The country has been struggling with inflation for more than a decade now. The Reserve Bank of Zimbabwe (RBZ) has announced plans to launch a gold-backed digital currency. дальше »
2023-4-24 17:28 | |
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Zimbabwe’s central bank to issue gold-backed digital currency
Zimbabwe's central bank is launching a gold-backed digital currency to keep the local currency from depreciating further against the USD. The African country has been struggling with currency vThe post Zimbabwe’s central bank to issue gold-backed digital currency appeared first on AMBCrypto. дальше »
2023-4-24 11:30 | |
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Zimbabwe’s central bank to issue gold-backed digital currency: Report
The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency. дальше »
2023-4-24 20:54 | |
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Gold-Backed Digital Currency May Help Zimbabwe Hedge Against Inflation
In a bid to tame inflation, the Reserve Bank of Zimbabwe (RBZ) is set to launch a new gold-backed digital currency. The post Gold-Backed Digital Currency May Help Zimbabwe Hedge Against Inflation appeared first on BeInCrypto. дальше »
2023-4-24 13:22 | |
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'We are definitely almost there,' Zimbabwe’s central bank governor on CBDC
Zimbabwe’s central bank Governor John Mangudya said in a recent interview, that the country is looking at a digital currency backed by the regulator at the moment, rather than cryptos like Bitcoin. дальше »
2021-12-8 23:30 | |
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Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’
One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other emerging digital innovations. ” According to the financial institution’s chairperson, Marc Holtzman, CBZ “is open-minded about new innovations, as these could open up new opportunities going forward. дальше »
2021-5-26 08:00 | |
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Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account per person. дальше »
2020-8-28 13:00 | |
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Reserve Bank of Zimbabwe Drafting Policy Framework to Regulate Digital Currencies
The Reserve Bank of Zimbabwe (RBZ) is interested in regulating digital currencies and has already started drafting a policy framework. This move came weeks after India curbed the ban imposed by the reserve bank of India on banks and financial institutions preventing them from dealing with individuals and businesses dealing with cryptos. Bitcoin has also […] дальше »
2020-3-17 22:49 | |
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Zimbabwe: Central Bank Set to Introduce Regulatory Sandbox for Cryptocurrency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ) is making plans to regulate the cryptocurrency industry, as there is a draft policy framework underway. A robust regulatory framework in place will see the development of the crypto sector in the country. дальше »
2020-3-17 21:00 | |
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Reserve Bank of Zimbabwe to regulate crypto; an effort to heal economy?
At press time, Bitcoin sentiment was extremely fearful; however, this did not stand in the way of crypto adoption. According to reports, Reserve Bank of Zimbabwe [RBZ] has begun work on the draft of aThe post Reserve Bank of Zimbabwe to regulate crypto; an effort to heal economy? appeared first on AMBCrypto. дальше »
2020-3-16 16:00 | |
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Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank
As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies. дальше »
2019-11-20 11:44 | |
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Zimbabwe Bans Mobile Cash And Forex But Bitcoin Remains Unknown
Bitcoin proponents are raising awareness of fiat currency alternatives for Zimbabweans after the country’s central bank suddenly banned a popular payment option. Central Bank Halts Mobile Cash Overnight As local news outlet TechZim reported on September 30, the Reserve Bank of Zimbabwe (RBZ) has shut down so-called cash-in, cash-out transactions. дальше »
2019-10-1 19:00 | |
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Zimbabwe Bans Mobile Money and Foreign Pricing
Numerous countries find themselves in major financial peril these days. Zimbabwe is one of the many African countries in dire need of a change. Recent regulations imposed by the central bank continue to limit financial options for both companies and individuals alike. дальше »
2019-10-1 01:59 | |
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Fentanyl dealer to forfeit $4M in Bitcoin and quadrillions of bank notes
A dark web kingpin has forfeited $4 million, including Bitcoin and 100 quadrillion Zimbabwe bank notes after selling drugs to an undercover cop via encrypted email. Richard Castro, of Windermere (Florida), pled guilty to one count of conspiracy to distribute and possess with the intent to distribute three controlled substances – carfentanil, phenyl fentanyl, and fentanyl. дальше »
2019-7-29 12:38 | |
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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
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Morgan Stanley Believes Bitcoin Will Last The Long Haul, Coinbase Exec Says
Since Nakamoto launched Bitcoin a decade ago, the legacy financial system has fought it tooth and nail. Wells Fargo banned Bitcoin purchases from its credit cards mid last year. Indian and Pakistani banks are forcing their clients to declare they won’t buy Bitcoin before they open an account. дальше »
2019-1-21 17:38 | |
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Cryptogem Global Defies Zimbabwe’s Central Bank with New P2P Bitcoin Exchange
Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions. дальше »
2018-11-8 18:25 | |
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Bank of America Is Freezing Immigrant Funds: Time To Vote
As Representative Brad Sherman of California has helpfully pointed out, cryptocurrency is rat poison and only good for drugs and money laundering. Well, it might be okay if you live in Venezuela or Zimbabwe, or some other military regime where armed potentates have made honest markets impossible. дальше »
2018-11-7 19:28 | |
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New Finance Chief Calls for Greater Cryptocurrency Investment in Zimbabwe
The newly appointed Zimbabwean Finance Minister is calling on Zimbabweans to invest in cryptocurrency, as the minister see this as a way out of the current crisis. Cryptocurrency Can Solve Zimbabwe’s Currency Crisis According to ITWebAfrica, new Zimbabwean Finance Minister, Mthuli Ncube, is urging the country’s apex bank to adopt digital currency like other countries. дальше »
2018-9-19 18:49 | |
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Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned
Cryptocurrency may be banned in Zimbabwe, but bitcoin is helping ordinary folk make payments bank-free. It makes for a great fit for the more than 10 million Zimbabweans who lack access to basic banking services. дальше »
2018-9-13 16:20 | |
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Reserve Bank of Zimbabwe to Study Blockchain Implementation
The Reserve Bank of Zimbabwe has started studying distributed ledger technology in order to deploy it in the bank’s business practices
дальше »2018-7-6 01:05 | |
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Rbz Governor Allows Blockchin Not Knowing Where Bitcoins Are Mined
Economy & Regulation The governor of the Reserve Bank of Zimbabwe has made several statements about cryptocurrencies that attest to insufficient knowledge of the matter. The major financial institution of the inflation-ridden African country considers blockchain a “new developing global innovation” and is willing to embrace it, according to its governor, John Mangudya. John Mangudya дальше »
2018-7-5 20:59 | |
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Unaware Where Bitcoins Are Mined, RBZ Governor Embraces Blockchain
The governor of the Reserve Bank of Zimbabwe has made several statements about cryptocurrencies that attest to insufficient knowledge of the matter. The central bank, which recently banned financial institutions from working with crypto companies, now wants to study and embrace the blockchain technology that “encompasses all the cryptocurrencies. дальше »
2018-7-5 18:20 | |
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