Zimbabwean Central Bank Launches CBDC Consumer Survey

The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions on the design and nature of the CBDC and its overall acceptance by the public.” The bank said the information obtained via this process will be “treated with the utmost confidentiality and the results will […]

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The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub

The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub to Catch UpFollowing a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech […]

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As Zimbabweans Struggle For Cash, Even The Country’s Only Bitcoin ATM Has Run Dry

As Zimbabweans Struggle For Cash, Even The Country's Only Bitcoin ATM Has Run DryThe Golix bitcoin ATM took on obvious importance when it was first introduced in the Zimbabwean capital Harare, early April. In a country without a currency of its own, where conventional automated teller machines (ATMs) have become useless due to a severe cash crisis, the bitcoin machine was seen as the new gateway to faster […]

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Unaware Where Bitcoins Are Mined, RBZ Governor Embraces Blockchain

Unaware Where Bitcoins Are Mined, RBZ Governor Embraces BlockchainThe 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 […]

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Zimbabwe High Court Reverses Central Bank’s Cryptocurrency Ban

Zimbabwe High Court Reverses Central Bank's Cryptocurrency BanJust recently news.Bitcoin.com reported on the Zimbabwe-based exchange Golix filing a lawsuit over the recent Reserve Bank of Zimbabwe (RBZ) ‘cryptocurrency ban’ that was issued in a financial guidance circular earlier this month. Now, according to numerous regional reports, the Zimbabwe High Court has ruled in favor of the trading platform’s argument because the RBZ […]

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Golix Exchange Files Lawsuit Against Reserve Bank of Zimbabwe’s Cryptocurrency Ban

Golix Exchange Files Lawsuit Against Reserve Bank of Zimbabwe's Cryptocurrency BanOn May 13 2018, the Reserve Bank Of Zimbabwe (RBZ) issued guidelines in a circular that detailed cryptocurrency activities taking place within the country are now banned. The RBZ further stated that domestic digital currency operations had sixty days to become compliant. Local reports now reveal the Zimbabwe-based cryptocurrency exchange Golix plans to take the […]

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