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Category: John Mangudya
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Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar
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Reserve Bank of Zimbabwe ‘Developed a Roadmap for Adoption of CBDC,’ Says Governor
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Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned
Cryptocurrency may be banned in Zimbabwe, but bitcoin is helping ordinary folk make payments bank-free. It makes for a great fit for the more than 10 million Zimbabweans who lack access to basic banking services. And it’s even more beneficial to the banked few, a distrusting lot, keen to protect their savings against bank failure, […]
The post Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned appeared first on Bitcoin News.
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Unaware Where Bitcoins Are Mined, RBZ Governor Embraces Blockchain
The governor of the Reserve Bank of Zimbabwe has made several statements about cryptocurrencies that attest to insufficient knowledge of the matter. The central bank, which recently banned financial institutions from working with crypto companies, now wants to study and embrace the blockchain technology that “encompasses all the cryptocurrencies.” Also read: Zimbabwe’s Golix Exchange […]
The post Unaware Where Bitcoins Are Mined, RBZ Governor Embraces Blockchain appeared first on Bitcoin News.
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