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Zimbabwe Central Bank Denies Forced Remittance Conversion Claims

[Aug 17 9:30 AM] The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified that it has no plans to review its diaspora…

Zimbabwe Is Seeking Comments on the Crypto Industry: Report

[Jun 12 3:41 AM] Zimbabwe is seeking comments from the crypto industry as it tries to understand the sector more.

Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem

[May 15 9:33 PM] The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine the…

Physical version of gold-backed token replaces Zimbabwe dollar

[Apr 30 2:26 PM] The country has struggled with an unstable currency for years, but now it will have one backed by reserves three times larger than its issuance.

Zimbabwe turns gold-backed digital token into payment method

[Oct 10, 2023 3:30 AM] The Reserve Bank of Zimbabwe first introduced its new project, in which every issued digital token would be backed by a physical amount of gold held in the bank’s reserves, in April 2023.

Gold-Backed Digital Tokens Now an Approved Payment Method Says Zimbabwean Central Bank

[Oct 8, 2023 11:30 PM] Zimbabwean residents and institutions can now pay or settle domestic transactions using the recently launched gold-backed digital tokens, the central bank has said. Bank governor John Mangudya said the central bank has enlisted the services of…

Zimbabwe central bank close to introducing gold-backed digital tokens into retail

[Aug 14, 2023 1:25 PM] Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation.

As Zimbabwe’s Fiat Currency Crashes Again, Bitcoin Adoption Is Poised To Last

[Jul 11, 2023 6:00 AM] This is an opinion by Thabo P. Ncube, a Bitcoiner who lived through Zimbabwe’s hyperinflation in 2008.The Reserve Bank of Zimbabwe (RBZ), the fiat custodian and lender of last resort in the country, recently “liberalized” its much-vaunted foreign…

Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say

[Jun 27, 2023 1:46 AM] Sound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said.

Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice

[May 15, 2023 12:40 PM] Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion…

Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

[May 14, 2023 11:22 PM] The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.

Zimbabwe sets price to sell gold-backed digital tokens

[May 5, 2023 3:40 AM] Zimbabwe's central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporates.

Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency

[May 5, 2023 2:04 AM] The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.

Zimbabwe to Introduce Gold-Backed Digital Currency: Report

[Apr 24, 2023 3:23 AM] 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.

Zimbabwe's central bank to issue gold-backed digital currency: Report

[Apr 23, 2023 11:54 AM] The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency.

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

[Mar 19, 2023 11:30 AM] Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and…

Reviewing The Best Bitcoin Lightning Wallets For Slow-Internet Regions

[Feb 21, 2023 10:11 AM] In regions where the internet is slow or unstable, using Bitcoin’s Lightning Network can be a challenge. What are the best tools available?​​This is an opinion editorial by Anita Posch, the founder of Bitcoin For Fairness who has traveled around…

Proof Of Resilience: Financial Freedom Through Bitcoin In Africa

[Nov 21, 2022 9:06 PM] Bitcoin offers financial opportunities that have been explicitly taken from Africans in recent history.This is an opinion editorial by Alexandria, a citizen of Zimbabwe and a second year business administration student at Liaoning Shuhua University…