Bitcoin News / Bitcoin.com - 2 years ago
Zimbabwean crypto and economic experts have suggested Finance Minister Mthuli Ncube’s positive comments about cryptocurrencies do not necessarily mean monetary authorities are about to remove restrictions that were imposed in 2018. The Case fo...
Bitcoin News / Bitcoin.com - 2 years ago
The Zimbabwean currency’s collapse in 2008 and record hyperinflation are widely seen as textbook examples of what can go wrong with a centralized currency. For instance, some cryptocurrency enthusiasts — as well as opponents of the fiat...
Cryptocoins News / CoinJournal - 2 years ago
The finance minister of Zimbabwe discussed at length the benefits of cryptocurrencies in the payment's sector Mthuli Ncube, Zimbabwe's Finance Minister, advocated for crypto following a visit to the DMCC Crypto Centre in Dubai. He acknowledged the us...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
The Zimbabwean minister of finance, Mthuli Ncube, has once again talked up the potential advantages of using cryptocurrencies. In new comments made shortly after visiting the DMCC Crypto Centre in Dubai, Ncube raises the possibility that the country...
Bitcoin News / Bitcoin.com - 2 years ago
Reports from Zimbabwe suggest that an individual by the name of Martin Mhlanga, who is the mastermind behind the Cryptoshares bitcoin pyramid scheme, has disappeared along with over $6 million in investor funds. In addition to Mhlanga’s disapp...
Bitcoin News / Bitcoin.com - 2 years ago
A Zimbabwean artist, Greatjoy Ndlovu, joined the growing list of African artists pivoting to the non-fungible tokens (NFT) market after his digital artwork was sold for 0.7 ethereum. The sale, which took place on the Async Art NFT marketplace, is Ndl...
Bitcoin News / Bitcoin.com - 2 years ago
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pande...
Bitcoin News / Bitcoin.com - 2 years ago
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of...
More / Bitcoin Reddit - 2 years ago
Hi guys. I've got a few questions I'd like to ask about bitcoin and crypto exchange. I'm from Zimbabwe (yes the country with trillion dollar notes). And it's no secrete we have a corrupt and dictatorship government here.our currency i...
Bitcoin News / Bitcoin.com - 2 years ago
E-Livestock Global, a venture-funded social enterprise, recently launched a blockchain-based livestock traceability system for Zimbabwean cattle farmers. The Mastercard “Provenance solution”-powered system, claiming to be the first of its...
Bitcoin News / Bitcoin.com - 2 years ago
Malta-based cryptocurrency exchange, Binance, has reportedly extended its blockade of Zimbabwean users to include non-resident citizens. As a result of the new measures, all Zimbabwean nationals are now precluded from using the Binance trading platfo...
Bitcoin News / Bitcoin.com - 2 years ago
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be de...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other emerging digital innovations.” According to the financial institution’s chairperson, Marc...
Bitcoin News / Bitcoin.com - 2 years ago
Despite gold’s longstanding status as an alternative store of value, the commodity continues to experience unusual price variations in countries like South Africa and Zimbabwe. In turn, such price variances, as well as the rampant smuggling of...
Bitcoin News / Bitcoin.com - 2 years ago
Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which...
