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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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‘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


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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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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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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‘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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The Zimbabwe Stock Exchange Hints At Blockchain Integration  

At a time when forward-thinking financial institutions across the globe are increasingly integrating distributed ledger technology (DLT) into their processes in a bid to foster transparency and enhance productivity, the Zimbabwe Stock Exchange (ZSE) is also looking to explore the revolutionary technology, according to local news outlet, Chronicle on May 21, 2019. дальше »

2019-5-23 01:00


Zimbabwe blocked internet access, so Anonymous DDoS’d the government’s websites

For several days, starting on Monday 14 January 2019, Zimbabweans have been without Internet access. This is as a result of the Southern Afrikan country’s government, under rumored instructions from General Chiwenga and the leadership of President Emerson Mnangagwa, decided to threaten and ordered all 4 of the country’s telecommunications to shut off the Internet completely. дальше »

2019-1-21 18:48