2023-5-6 12:40 |
Zimbabwe’s central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporations.
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The Reserve Bank of Zimbabwe (RBZ) is in the advanced stages of launching a gold-backed digital currency for everyday transactions. The post Zimbabwe Prepares for Launch of Its Gold-Backed Digital Currency appeared first on BeInCrypto.
2023-8-13 18:16 | |
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Coinspeaker Zimbabwe Central Bank Introduces Plan to Sell Gold-Backed Digital Tokens The central bank of Zimbabwe introduced this gold-backed digital currency to combat the volatility of its national currency.
2023-5-6 17:13 | |
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The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.
2023-5-5 11:04 | |
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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 Stock Exchange (ZSE) CEO Justin Bgoni says its recently licensed subsidiary, the Victoria Falls Stock Exchange is open to listing bitcoin and other cryptocurrencies. However, according to local media reports, any such listings are still dependent on the digital asset issuers getting “regulatory approval.
2020-10-3 07:30 | |
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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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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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Hyperinflation has become synonymous with Zimbabwe, and the African nation’s monetary system has been on a roller coaster for the past decade. Its national currency, the Zimbabwean dollar, lost so much value in 2015 that it was practically useless.
2019-4-5 00:17 | |
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Binance, the world’s second largest digital asset exchange by traded volume, has withdrawn its services from countries targeted by U. S. economic sanctions, in line with its controversial revised terms of use.
2019-1-6 03:00 | |
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After a long phase of beta testing, Kubitx, a crypto and digital asset exchange that has the goal to be a “pan African” exchange, has been launched. The company, which is registered in Malta but is a company from Nigeria and Zimbabwe, has used the occasion to release its hybrid OTC (over the counter) wallet. […]
2018-12-22 10:28 | |
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The aim of Nano is to become the world’s next digital currency, is celebrating the withdrawal of its Brola lawsuit by implementing a new update and going live on investFeed, as was announced on 1st October.
2018-10-3 16:30 | |
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Bitcoin is pushing the boundaries of economic change in Africa. In East Africa, a new deal between digital currency exchange Bitpesa and a Japanese firm shows Kenyans are using bitcoin to pay for used Japanese cars, cosmetics and electrical gadgets.
2018-9-26 17:45 | |
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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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Today, Dash, the top digital currency for payments, in collaboration with Frame 48, a creative collective specializing in film and commercial production, has announced the launch of Starting From Scratch, a documentary centered on how blockchain technology and digital currency can help improve the chaotic economic environment in Zimbabwe. The documentary focuses specifically on Kuvacash, […]
2018-6-26 15:30 | |
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Toronto-based Bitcoin mining company Bitfarms has announced the termination of its interim president and chief executive officer (CEO), Geoffrey Morphy after he filed a $27 million lawsuit against the company.
Binance, one of the world’s largest cryptocurrency exchanges, has come under scrutiny after a Wall Street Journal report revealed that the platform fired its top investigators following their allegations of wash trading involving a top VIP client, DWF Labs.
Institutional investors in Canada are showing a strong appetite for cryptocurrencies, with a new survey revealing a significant surge in adoption rates. The report, conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), paints a picture of a booming crypto market fueled by investor confidence and a supportive regulatory […]
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Prominent Bitcoin advocate and co-founder at CMCC Crest, Willy Woo, has sparked a spirited discussion surrounding the future of Bitcoin and its potential impact on younger generations. Related Reading: Stablecoins Get A Seat At The Table: US Senators Unveil New Regulations In a recent Twitter exchange with Jesse Colombo, Director of Marketing at BullionStar, Woo […]
Asset manager Blackrock has emerged as the frontrunner in the Bitcoin ETF race in terms of inflows with its IBIT ETF, which is increasingly attracting institutions’ attention as a key development showing its success.
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