Zimbabwe

Zimbabwe mulls retail gold-backed digital tokens following initial successes
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19 August, 2023

Zimbabwe mulls retail gold-backed digital tokens following initial successes

As other African countries explore CBDCs, Zimbabwe plans to follow the trend of using retail gold-backed digital tokens in an...
Blockchain brings economic gains to African farmers with more reliable supply chains
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21 June, 2023

Blockchain brings economic gains to African farmers with more reliable supply chains

nChain's study titled "Immutable Livestock Tracking and Compliance Logs Using Blockchain" tracks cattle from birth, recording all meaningful events in...
Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens
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20 May, 2023

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...
Zimbabwe’s central bank launches gold-backed digital currency
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12 May, 2023

Zimbabwe’s central bank launches gold-backed digital currency

The core feature of Zimbabwe's new gold-backed tokens is its fractionalization, allowing individual investors to buy tokens for as low...
Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review
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4 January, 2023

Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review

Morocco lifted the ban on digital assets, Kenya is now taxing Bitcoin, Nigeria drafted its first law recognizing Bitcoin, Zambia...
Zimbabwe central bank invites public comments on CBDC
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18 August, 2022

Zimbabwe central bank invites public comments on CBDC

The CBDC is one of the measures the central bank is looking to utilize in tightening monetary policy to "sustainably...
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