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Cryptopolitan
2023-04-24 14:26:38

Reserve Bank of Zimbabwe to Introduce Gold-Backed Digital Currency

Reserve Bank of Zimbabwe to Introduce Gold-Backed Digital Currency

The Reserve Bank of Zimbabwe has announced plans to introduce a gold-backed digital currency to serve as legal tender in the country. The move is a government initiative aimed at stabilizing the local currency from continued depreciation against the U.S. dollar. The gold-backed digital currency will allow small amounts of Zimbabwean dollars to be exchanged … Reserve Bank of Zimbabwe to Introduce Gold-Backed Digital Currency Read More »

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