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Zimbabwe finance minister urges citizens to invest in Bitcoin
The use of cryptocurrency is rising around the world, but Africa has been a region with high acceptance for crypto, at least among its people. Even though countries like Nigeria were marching against The post Zimbabwe finance minister urges citizens to invest in Bitcoin appeared first on AMBCrypto. дальше »
2021-9-13 00:30 | |
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Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via the amendment of the Securities and Exchange Act. The Money Laundering […] дальше »
2021-7-20 13:00 | |
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T.E Markets Ltd Set To Launch Its Crypto Currency And Africa’s first Consolidated Exchange
T. E Markets Limited, has launched its own cryptocurrency; XTEMCoin with presale starting on Monday 28th, June on their website, www. tem-coin. com. T. E Markets Ltd is a Holding Company registered in Seychelles with running projects in South Africa, Zimbabwe, Zambia, Nigeria, Kenya, the Democratic Republic of Congo, United States of America and soon in Ghana. дальше »
2021-7-3 15:32 | |
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Mastercard Blockchain-Supported Livestock Tracking System Launches in Zimbabwe
E-Livestock Global, a venture-funded social enterprise, recently launched a blockchain-based livestock traceability system for Zimbabwean cattle farmers. The Mastercard “Provenance solution”-powered system, claiming to be the first of its kind in Africa, aims to bring “end-to-end visibility to the cattle supply chain. дальше »
2021-6-24 12:00 | |
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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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Report: South African Taxes and Smuggling Behind Gold’s Price Distortions in Zimbabwe
Despite gold’s longstanding status as an alternative store of value, the commodity continues to experience unusual price variations in countries like South Africa and Zimbabwe. In turn, such price variances, as well as the rampant smuggling of the commodity, are distorting the precious metal’s actual production figures. дальше »
2021-5-18 10:00 | |
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Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’
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. дальше »
2020-10-3 07:30 | |
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First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K
Cryptocurrencies' 2020 gains are the truth gauge as markets react to the Federal Reserve's inflation goal, where Zimbabwe is the model of success. дальше »
2020-9-15 15:56 | |
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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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Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. дальше »
2020-7-12 03:01 | |
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Hyperinflation and Zimbabwe’s Multi-Currency Reality: Bitcoin in Africa Podcast, Part 2
After three weeks of listening, recording and talking bitcoin (BTC) in Africa, podcaster Anita Posch is back in part 2 of her six-part documentary podcast series. Presented in audio and full written transcript formats. дальше »
2020-3-27 17:00 | |
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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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Zimbabwe Finally Decides to Regulate Cryptocurrency
Zimbabwe has long been a hive of cryptocurrency trading. But aside from some rumors after the government banned forex trading in Oct 2019, bitcoin’s fate in this country has been someone uncertain. Not for much longer, though. дальше »
2020-3-17 15:00 | |
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CBDCs, stablecoins may use fiat's shortcomings to become money of the future
When the failures of fiat currencies are discussed, countries with deteriorating economies are often brought up. Venezuela, Zimbabwe, and Argentina, among others, have seen staggering levels of inflatThe post CBDCs, stablecoins may use fiat's shortcomings to become money of the future appeared first on AMBCrypto. дальше »
2020-2-24 22:30 | |
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Zimbabwe Could End Corruption With This Cryptocurrency Initiative
Cryptocurrency has long been trumpeted and used as a tool to escape the hardships of abusive, inflationary financial regimes. Step forward an audacious plan to economically jailbreak the entire population of Zimbabwe with Dai. дальше »
2019-12-24 15:00 | |
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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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‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation
The new Zimbabwe dollar has hit the streets, with banks beginning to issue the paper currency Tuesday. The ‘Zimdollar,’ existing earlier this year as coins, e-balances, the RTGS dollar, and bond notes, was returned to in June as a replacement for the Real Time Gross Settlement (RTGS) system implemented in February. дальше »
2019-11-14 09:00 | |
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Zimbabwe’s Battle with Hyperinflation Highlights Desperate Need for Bitcoin
Zimbabwe rolls out new currency but limits weekly withdrawals. Hyperinflation makes it difficult for Zimbabweans to trust their government. Bitcoin appears to be the perfect solution as it eliminates the need to trust an authority like the government. дальше »
2019-11-14 18:40 | |
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Zimbabwe’s Golix Crypto Exchange Founder Claims to Have Lost Password To Bitcoin’s Cold Wallet
Crypto investors and worshippers in Zimbabwe were left in shock after learning that the founder and CEO of a leading crypto exchange in Zimbabwe, Golix, had lost the password to its cold wallet. According to Cointelegraph, the CEO of Golix, Tawanda Kembo, reportedly misplaced the password last year in May. Cointelegraph quoted a local news […] дальше »
2019-11-3 20:03 | |
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Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty
Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. дальше »
2019-10-21 03:40 | |
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Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. дальше »
2019-10-7 05:38 | |
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Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. дальше »
2019-10-3 17:55 | |
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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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Zimbocash Seeks To Fight Hyperinflation With TRON Token
Look up “hyperinflation” in the dictionary, and you’ll probably find a picture of Zimbabwe’s 100 trillion dollar bill. The country has become an unfortunate poster for economic mismanagement, but one project, Zimbocash, is seeking to heal Zimbabwe’s economic woes with a token on the TRON blockchain. дальше »
2019-9-6 19:59 | |
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P2P Bitcoin And Dash Transactions Soar In Venezuela
Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month. Bitcoin Thrives in Broken Economies For the past few years, the Venezuelan economy has been rocked by political and economic instability that has led to shortages of food and medicine, nationwide blackouts, riots and unstoppable hyperinflation that rivals that of the Zimbabwe dollar in the 1990s. дальше »
2019-8-20 14:00 | |
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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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Zimbabwe: People Are Still Buying Bitcoin to Shelter from Reckless Monetary Policy
According to a video published by VoaZimbabwe on July 18, 2019, Zimbabwe citizens are using bitcoin as a decentralized store of value to shelter from the reckless monetary policy adopted by the government. дальше »
2019-7-19 09:00 | |
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Zimbabwe’s Deteriorating Economic Situation Sees the Country’s Citizens Seeking Refuge in Bitcoin
Hyper-Inflation Sees Bitcoin Price Surpass 1000% In Premium. The deteriorating economic situation in Zimbabwe has seen the country’s citizens seeking refuge in Bitcoin leading them to pay an insane premium on over-the-country crypto trading platform LocalBitcoins, CCN reports. дальше »
2019-7-18 22:30 | |
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Bitcoin Price Hits Insane 1000% Premium in Hyper-Inflated Zimbabwe
Zimbabwe’s worsening economic conditions have seen the citizens of the Southern Africa republic turn to Bitcoin leading to them paying a premium price on over-the-country crypto trading platform LocalBitcoins. дальше »
2019-7-18 16:22 | |
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‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders
P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically embattled southern African country. дальше »
2019-7-13 20:30 | |
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Ban of the US Dollar & Foreign Currencies Driving Bitcoin Demand in Zimbabwe
Ten years ago, Zimbabwe scrapped its national currency after the inflation rate climbed astronomical levels. Now, a decade later, the Zimbabwe dollar is making a comeback. But Zimbabwean expect the new currency to tank. дальше »
2019-7-11 21:18 | |
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Bitcoin Use Soars in Zimbabwe After Foreign Currencies Ban
Peer-to-peer Bitcoin exchange of LocalBitcoins has continued to soar after the Zimbabwe government implemented a ban on foreign currency transactions. Zimbabwe: Bitcoin or Bust As reported by Quartz Africa, Peer-to-peer Bitcoin transactions in Zimbabwe recently reached a new high after President Emmerson Mnangagwa reinstated the Zimbabwe dollar. дальше »
2019-7-11 15:00 | |
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Zimbabwe's US Dollar Ban Ignites Massive Bitcoin Fever
Bitcoin trading is booming in Zimbabwe. The government introduced a law banning the use of the U. S. dollar, forcing citizens to adopt a national currency instead. Zimbabwe's national currency stopped circulating in 2009 as part of an effort to stabilize the economy. дальше »
2019-7-11 00:45 | |
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Bitcoin Demand In Zimbabwe Grows Following Foreign Currency Ban
After the country banned the settlement of transactions using foreign currency including the US dollar and the British pound, demand for bitcoin has soared as individuals look to fill the financial gaps left behind by the ban. дальше »
2019-7-11 00:05 | |
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With Bitcoin Above $13K, The Bulls Will Love What The Fed’s Recession Indicator Is Showing
In economic and political turmoil, Bitcoin always soars. This was evident as the market surged during the U. S-China trade war and continues to play a major role in some regions including Iran, Venezuela, Zimbabwe, and Britain. дальше »
2019-7-10 16:12 | |
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Inflation-Plagued Zimbabwe Is So Poor It Can’t Even Issue Passports
Zimbabwe’s woes continue as the cash-strapped southern African nation is now so poor it cannot even issue its own passports. President Emmerson Mnangagwa told reporters that the issuing company is refusing to do any further business with the government until it has settled its debts. дальше »
2019-7-5 02:32 | |
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Bitcoin prices soar after massive premiums on trading and rebirth of Zimbabwe Dollar
With Zimbabwe Dollars being brought back from the dead, citizens of the country are facing a lot of problems. Additionally, the fiat currency is facing rejection by citizens and it is getting problematic for Bitcoin enthusiasts in the country to buy BTC due to an enormous premium on it. дальше »
2019-7-3 17:30 | |
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Bitcoin Trading at 650% Premium on LocalBitcoins Zimbabwe, Price Shoots $75,000
Coinspeaker Bitcoin Trading at 650% Premium on LocalBitcoins Zimbabwe, Price Shoots $75,000LocalBitcoins Zimbabwe sees massive trading volumes as Bitcoin trades for a huge premium amidst the worsening economic conditions in Zimbabwe. дальше »
2019-7-2 09:51 | |
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Massive Bitcoin Premium Develops in South Africa, Bitcoin For Sale at $50,000 in Zimbabwe
Bitcoin is extremely rare in Zimbabwe after the government banned it last year, with the sole crypto exchange in the country, Golix, closing in May 2018. They had 49,333 Zimbabwean... The post Massive Bitcoin Premium Develops in South Africa, Bitcoin For Sale at $50,000 in Zimbabwe appeared first on Trustnodes. дальше »
2019-6-29 17:00 | |
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Zimbabwe Trade Union Demands More Stable Currency, This is Why Crypto is Important
A Zimbabwean government policy to ban the use of the US dollar and other currencies has been met with bitter opposition by the largest trade union in the country. The ongoing spat highlights the need for people to have the kind of free choice of currency that crypto assets can provide. дальше »
2019-6-27 00:00 | |
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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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