Zimbabwe weighing BTC as legal tender—here’s why it shouldn’t
The Zimbabwe government is reportedly in consultation with the private sector on possibly making BTC legal tender like in El Salvador, but this would be a mistake.
The Zimbabwe government is reportedly in consultation with the private sector on possibly making BTC legal tender like in El Salvador, but this would be a mistake.
President Andres Manuel Obrador has made it clear that the country doesn’t intend on accepting digital currencies as payments any time soon.
A spokesperson for the World Bank reportedly said there are too many ‘shortcomings’ in BTC for this to be something they would be willing to assist with in implementation.
Marshall Islands is reportedly looking to offer a proprietary digital currency, which would be legal tender alongside the local fiat currency.