Bitcoin News / Bitcoin.com - 1 month ago
Zimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency achieve price discovery without administrative interference....
Bitcoin News / Bitcoin.com - 1 month ago
Zimbabwe’s government has introduced a licensing requirement for Whatsapp group administrators to curb misinformation and enhance accountability on social media platforms. The licensing fee ranges from $50 to $2,500, depending on the type of Wh...
Bitcoin News / Google News Bitcoin - 2 months ago
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries li...
Bitcoin News / Bitcoin.com - 2 months ago
The Reserve Bank of Zimbabwe (RBZ) has imposed a new limit on the amount of U.S. dollars that travelers can carry out of the country. Under the revised regulations, travelers are now limited to carrying a maximum of $2,000 in cash when departing Zimb...
Bitcoin News / Bitcoin.com - 2 months ago
The Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They ar...
Bitcoin News / Google News Bitcoin - 2 months ago
Zimbabwe Injects $50 Million to Bolster Devalued Currency& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold (Zig) by 44%, causing the currency to plummet from 13.98 to 24.3 against the U.S. dollar. This drastic move addresses rising exchange rate volatility and inflationary pressures that ha...
Bitcoin News / Bitcoin.com - 3 months ago
Zimbabwe’s central bank governor, John Mushayavanhu, has stated that the bank might use its foreign currency reserves to protect the Zimbabwe Gold (zig) from severe market disruptions. He also pledged to maintain a tight monetary policy to ensu...
Bitcoin News / Google News Bitcoin - 3 months ago
Zimbabwe's Central Bank to Shield Gold-Backed Currency From Market Volatility& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 4 months ago
Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government...
Bitcoin News / Bitcoin.com - 4 months ago
The Zimbabwean Cabinet has approved a de-dollarization roadmap outlining “modalities to operationalize the Zig currency as legal tender for use in the economy.” Zimbabwean officials have set early 2026 as the new deadline for making the Z...
Bitcoin News / Google News Bitcoin - 4 months ago
Zimbabwe to Unveil De-Dollarization Roadmap, Says Government Official& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 4 months ago
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign exchange market to stabilize the economy. This move comes as the parallel market exchange rate is significantly higher than...
Bitcoin News / Bitcoin.com - 5 months ago
Zimbabwean mining company, Kuvimba Mining House, has introduced a blockchain-based mine-to-market traceability system for its gold production in the country. This system ensures that all gold from Kuvimba is traceable from the mine to international m...
Bitcoin News / Bitcoin.com - 6 months ago
The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework for virtual asset trading. The framework aims to provide clear legislation, client protection under the Data Protec...
Bitcoin News / Bitcoinist - 6 months ago
Zimbabwe is taking an exciting step into the future by launching a public consultation to get opinions on regulating cryptocurrency operations in the country, Bloomberg reports. This is a big change for a nation that has historically struggled with c...
Bitcoin News / Bitcoin.com - 7 months ago
The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender ha...
Bitcoin News / Google News Bitcoin - 7 months ago
IMF Calls Zimbabwe's Gold-Backed Currency an 'Important Policy Action' – Africa Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 7 months ago
A Zimbabwean millionaire couple, based in South Africa, has been kidnapped by a gang seeking to profit from their cryptocurrency valued at $13.9 million. The couple, Professor Sheperd Sikhosana and his wife, Sekayi Adelpha Sikhosana, were kidnapped i...
More / Bitcoin Reddit - 7 months ago
submitted by /u/Amber_Sam [link] [comments]
Bitcoin News / Bitcoin.com - 7 months ago
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine the natur...
More / Bitcoin Reddit - 8 months ago
submitted by /u/coincorner [link] [comments]
Bitcoin News / Bitcoin.com - 8 months ago
The Reserve Bank of Zimbabwe has introduced a foreign exchange and gold-backed “structured currency” to replace the struggling local currency. The structured currency banknotes will be “fully convertible into the reserve currency on...
Bitcoin News / Bitcoin.com - 10 months ago
The Zimbabwean government plans to launch what it calls a “structured currency.” Some commentators and social media users have expressed skepticism over the government’s latest currency plans. Zimbabwe’s Structured Currency The Zimb...
