Bitcoin News / Bitcoin.com - 1 year ago
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce gold coins whi...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic. An entrepreneur who first learned of Bitcoin while li...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocur...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocur...
Bitcoin News / Bitcoin.com - 2 years ago
Flexid Technologies, a blockchain startup promoting the use of digital identities, said its solution was recently used by thousands of Zimbabwean households and patients that participated in a local health survey study.
Using Technology to Drive...
Bitcoin News / Bitcoin.com - 2 years ago
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency (CBDC). The bank also said its regu...
Bitcoin News / Bitcoin.com - 2 years ago
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes from crypto and other content providers.
Zimbabwe’s Stance on Crypto
The Zimbabwean government rece...
Bitcoin News / Bitcoin.com - 2 years ago
The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said.
Central Bank Does Not Believe in Cryptos
The governor of the Reserve Bank of Zimbabwe (RBZ),...
More / Bitcoin Reddit - 2 years ago
No country can stop printing endless amounts of money until covid is over. USA was just starting its taper and now will have to U-turn to print even more money. Except more rounds of stimulus and more supply chains disruptions. Wagies are gonna quit...
Cryptocoins News / NewsBTC - 2 years ago
The adoption of Bitcoin by El Salvador has opened the door for more adoption. However, the first country to achieve it didn’t find it easy. There were lots of doubts and criticisms targeting El Salvadorian President Nayib Bukele.
Some people st...
Cryptocoins News / The Cointelegraph - 2 years ago
Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin. Zimbabwe’s minister of information publicly dismisse...
Bitcoin News / Bitcoin.com - 2 years ago
An official with the Zimbabwean government recently confirmed the country’s administration is currently gathering views about cryptocurrencies from knowledgeable persons.
Government’s Lingering Concerns
Charles Wekwete, who is the head...
Bitcoin News / Bitcoin.com - 2 years ago
The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not planning to make the U.S. dollar the country’s sole currency again.
Government Focused on Strengthening Local Currency
Instead of entertai...
Bitcoin News / Bitcoin.com - 2 years ago
Zimbabwe’s increasingly pro-crypto finance minister, Mthuli Ncube, recently told his colleagues in government that it is now impossible to run away from cryptocurrencies. Ncube said this after revealing that some 30% of the country’s yo...
Bitcoin News / Bitcoin.com - 2 years ago
A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could collapse if authorities fail to “implement policy measures that are needed to support it.”
Ce...