Zimbabwe

Zimbabwe To Introduce Its Digital Currency Backed By Gold
Apr 26, 2023 at 11:34
News
Zimbabwe To Introduce Its Digital Currency Backed By Gold
Zimbabwean authorities have decided to introduce a new digital currency that will be backed by gold. The new central bank digital currency (CBDC) can be used as a means of payment within the country and to maintain its stability.
Petro & Oil Reserves Supporting It Perhaps Don't Exist, Report Shows
Sep 04, 2018 at 15:23
News
Petro & Oil Reserves Supporting It Perhaps Don't Exist, Report Shows
A month down the road since Nicolas Maduro, the Venezuelan president, proclaimed the formation of the Petro, a state-backed crypto which would allegedly take the nation out of six-digit hyperinflation, the only place where the Petro crypto appears to exist is in the media.
Golix Files Case in Court Against Reserve Bank of Zimbabwe
May 26, 2018 at 17:08
News
Golix Files Case in Court Against Reserve Bank of Zimbabwe
The Reserve bank of Zimbabwe (RBZ) issued rules of thumb in a circular on May 13 that detailed that all cryptocurrency activities carried out in the country were being stopped. The RBZ went ahead and indicated that all domestic digital currency operations were given the maximum of two months to begin complaining. RBZ is now facing a lawsuit from a giant cryptocurrency exchange.
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