Bitcoin News / Bitcoinist - 9 months ago
Ripple CEO Brad Garlinghouse has come under fire following his recent comments about Dogecoin (DOGE). Garlinghouse had made these remarks during a back-and-forth conversation that he had with the meme coin’s co-founder on the X (formerly Twitter) pla...
Bitcoin News / Bitcoin.com - 11 months ago
On Dec. 8 and 9, the University of Zimbabwe in partnership with the South Africa-based Mzansi Web3 Hub, held the learning institution’s inaugural blockchain hackathon. Taurayi Rupere, the chairman of the institution’s computer science departmen...
Cryptocoins News / CoinJournal - 1 year ago
RBZ has launched a gold-backed ZiG digital token to address currency instability and inflation.
ZiG offers a stable and versatile investment option, gaining investor interest.
Investors have purchased 350kg of gold through ZiG, signalling a shift fr...
Cryptocoins News / The Cointelegraph - 1 year ago
The Reserve Bank of Zimbabwe first introduced its new project in April, with each issued digital token backed by a physical amount of gold held in the bank’s reserves....
Bitcoin News / Bitcoin.com - 1 year ago
Zimbabwean residents and institutions can now pay or settle domestic transactions using the recently launched gold-backed digital tokens, the central bank has said. Bank governor John Mangudya said the central bank has enlisted the services of extern...
More / Bitcoin Reddit - 1 year ago
https://preview.redd.it/g2co96ycntob1.png?width=747&format=png&auto=webp&s=a84874861976041523f1e53f6bbbccbb3f069983 submitted by /u/DeFi_News [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
The Reserve Bank of Zimbabwe (RBZ) has expressed its desire to establish a new form of digital money known as the Gold-Backed Digital Token (GBDT). This digital currency will be underpinned by gold bullion reserves held by the central bank.
The decis...
Cryptocoins News / The Cointelegraph - 1 year ago
Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation. The Reserve...
Bitcoin News / Bitcoin.com - 1 year ago
The Zimbabwean central bank recently said it is close to rolling out gold-backed digital tokens “for transactional purposes.” According to the bank’s governor, the gold-backed digital tokens have already proven to be an effective mo...
Bitcoin News / Bitcoin.com - 1 year ago
A Zimbabwean economist has said authorities should consider paying a portion of government employees’ salaries with gold coins. The economist said partially paying government workers with gold coins can “help curtail the black market domi...
Bitcoin News / Bitcoin Magazine - 1 year ago
This is an opinion by Thabo P. Ncube, a Bitcoiner who lived through Zimbabwe’s hyperinflation in 2008.The Reserve Bank of Zimbabwe (RBZ), the fiat custodian and lender of last resort in the country, recently “liberalized” its much-vaunted foreign exc...
Bitcoin News / Bitcoin.com - 1 year ago
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, reporte...
Bitcoin News / Bitcoin.com - 1 year ago
The Reserve Bank of Zimbabwe has said it is getting close to launching a peer-to-peer platform which will facilitate digital gold token transactions. The central bank said the launch of the platform is expected to help reduce local demand for the gre...
Bitcoin News / Bitcoin.com - 1 year ago
A Zimbabwean crypto trader has appeared in court to face theft and money laundering charges after prosecutors accused him of stealing digital assets worth more than $457,000 from his client. The crypto trader is accused of siphoning the digital asset...
Cryptocoins News / The Cointelegraph - 1 year ago
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success. The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwean dollars’ worth of...
Cryptocoins News / The Cointelegraph - 1 year ago
Zimbabwe’s central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporations. Zimbabwe’s central bank has set a price for its go...
by COINS NEWS - 1 year ago
The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.” The...
Bitcoin News / Bitcoin.com - 1 year ago
The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is expected...