2023-5-5 11:04 |
The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.
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The Reserve Bank of Zimbabwe (RBZ) is taking significant strides in the world of fintech by introducing a gold-backed digital currency.
2023-4-27 20:11 | |
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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.
2023-4-24 17:28 | |
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The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so they can hedge against the currency's volatility.
2023-4-24 12:23 | |
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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.
2023-4-24 11:30 | |
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The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency.
2023-4-24 20:54 | |
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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.
2023-4-24 13:22 | |
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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.
2021-12-8 23:30 | |
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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.
2021-5-26 08:00 | |
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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.
2020-8-28 13:00 | |
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Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week.
2020-7-1 00:17 | |
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Zimbabwe’s central bank is working with crypto and fintech companies to leverage the country’s emerging digital economy amid crippling hyperinflation and currency instability
2020-3-23 14:30 | |
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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 […]
2020-3-17 22:49 | |
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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.
2020-3-17 21:00 | |
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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.
2020-3-16 16:00 | |
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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.
2019-11-20 11:44 | |
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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.
2019-10-1 19:00 | |
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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.
2019-10-1 01:59 | |
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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.
2019-7-29 12:38 | |
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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.
2019-6-1 21:48 | |
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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.
2019-1-21 17:38 | |
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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.
2018-11-8 18:25 | |
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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.
2018-11-7 19:28 | |
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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.
2018-9-19 18:49 | |
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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.
2018-9-13 16:20 | |
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The Reserve Bank of Zimbabwe has started studying distributed ledger technology in order to deploy it in the bank’s business practices
2018-7-6 01:05 | |
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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
2018-7-5 20:59 | |
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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.
2018-7-5 18:20 | |
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Deutsche Bank, a leading German multinational investment bank, has announced its latest move in the crypto and blockchain space. As well as MAS, the collaboration also includes Web3 interoperability platform Axelar Network and Memento Blockchain.
Digital assets investment products saw $130 million in inflows, the first after four weeks of outflows. Bitcoin remains above $62k and saw inflows of $144 million this past week. As Bitcoin shows fresh resilience above $62,000, latest market data reveals that digital asset investment products recorded inflows for the first time in over a month […] The post Crypto investment products see first inflows in over a month appeared first on CoinJournal.
Franklin Templeton is bullish on Base and Friend. tech is soaring. Meme coins and Social Finance (SocialFi) applications are driving growth for the Ethereum L2 network. Franklin Templeton, a $1.
Toncoin price surged by more than 13% amid news around new project Notcoin (NOT). Binance and OKX among exchanges to list NOT token. Bitbot could be the game-changer for Telegram crypto traders As Toncoin (TON) gains ahead of the upcoming Notcoin (NOT) trading debut, investors keen on the Telegram ecosystem have their eyes on Bitbot […] The post Toncoin investors get opportunity with Notcoin: Is Bitbot next? appeared first on CoinJournal.
May brings a series of pivotal events that could significantly influence the trajectory of Bitcoin and the broader crypto market. These events, ranging from regulatory decisions to economic indicators, appear capable of profoundly swaying market dynamics.
Sophon, an entertainment-focused zkSync Hyperchain, has raised $60 million through its node sale. The sale began less than a week ago, showcasing rapid investor interest in the burgeoning blockchain project.
Tom Lee, co-founder of research firm Fundstrat, has ignited fresh bullish sentiment in the cryptocurrency world with his prediction of a Bitcoin price surge to $150,000 by the year’s end. Lee, a prominent Bitcoin advocate, remains confident despite a recent price dip and ongoing inflation concerns.