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CATEGORY: reserve bank of zimbabwe


Jul 08, 2023 01:20

Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’

According to a report, the Reserve Bank of Zimbabwe has commenced trials, or the “dry run” test, for the viability of launching a gold-backed digital currency. Nelson Mupunga, the director of economic research at the central bank, reportedly said the digital currency will act as an alternative to foreign currency. Local Residents’ Insatiable Demand for

The post Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’ appeared first on BTC Ethereum Crypto Currency Blog.

May 05, 2023 02:10

Zimbabwe sets price to sell gold-backed digital tokens

Zimbabwe’s central bank has set a price for its gold-backed digital tokens. The country is planning to sell its gold-backed digital currency to investors starting May 8. The tokens will be sold at a minimum price of $10 for individuals and $5,000 for corporations and other entities. According to a statement released by the Reserve [...]

The post Zimbabwe sets price to sell gold-backed digital tokens appeared first on Crypto Breaking News.

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