Zimbabwe Central Bank Sells Millions Of Gold Backed Crypto Tokens Despite IMF Caution.
The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwean dollars’ worth of gold-backed digital tokens, worth around $39 million, despite a warning from the International Monetary Fund. The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a…
Zimbabwe Set To Launch Digital Currency, Draws On Nigeria Experience On Cryptocurrency Plan.
The deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed with plans to launch its own digital currency. In addition to sending a team to learn from the Central Bank of Nigeria’s experiences….
Zimbabwe’s University To Develop Central Bank Digital Currency.
The vice chancellor, Harare Institute of Technology in Zimbabwe, Quinton Kanhukamwe has revealed that it is developing a central bank digital currency (CBDC). Kanhukamwe stated the proposed CBDC would aid in the eradication of issues such as currency manipulation, cash…
Reserve Bank of Zimbabwe Develops a Roadmap for the Adoption of CBDC
The governor of the Zimbabwean central bank, John Mangudya, recently said that the country’s apex bank “has developed a roadmap for adoption of CBDC [central bank digital currency] in Zimbabwe.” Following the public notice about the Reserve Bank of Zimbabwe…
Zimbabwe’s VF Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’
Zimbabwe’s Victoria Falls Stock Exchange (VFSE) is open to listing Bitcoin and other cryptocurrencies says Justin Bgoni
Zimbabwe Suspends all Mobile Money Agent Transactions in Other to Control Hyperinflation.
Zimbabwe’s central bank has suspended all “mobile money agents” transactions in a bid control to hyperinflation in the country.
The Implementation of African Continental Free Trade Area Agreement Postponed Due to COVID-19.
The implementation of the African Continental Free Trade Area (AfCFTA) agreement will no longer start on July 1st this year because of the disruptions caused by the novel coronavirus (COVID-19) global pandemic.
Bitcoin ATM in Africa (Full List): South Africa Records Highest Number of Bitcoin Teller Machine Followed By Ghana.
Since after the launch of the first bitcoin ATM in Nigeria, the number of bitcoin ATM in Africa and beyond have significantly increased. We have a total of more than 7,600 Bitcoin ATMs throughout the world.
Apollo Fintech Signs MoA with CBZ Bank of Zimbabwe to Create a Gold-Backed Digital Currency and Other Two Fintech Solutions.
The government of Zimbabwe is reportedly looking to partner with Apollo Fintech to launch a gold-backed digital currency for its citizens. On Friday, Apollo Fintech announced that it has signed a memorandum of association with CBZ Bank to develop three…
The Reserve Bank of Zimbabwe Announces Plans to Establish a Regulatory Sandbox for Cryptocurrency Businesses in Zimbabwe.
The Reserve Bank of Zimbabwe, the country’s apex bank, is looking to put up a regulatory sandbox for crypto companies in a view to shift from its previous anti-cryptocurrency stance. Some experts believe that the proposed sandbox was initiated by…