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Zimbabwe launches study to map and regulate crypto industry
The Zimbabwean government has initiated a study to develop regulations for the virtual asset industry. On June 12, the Zimbabwe Mail reported that the government had established a committee to collect data from crypto companies operating within the country. дальше »
2024-6-13 20:00
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Zimbabwe Steps Up To The Crypto Plate: Public Input Sought For Regulations
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 currency issues. дальше »
2024-6-13 17:00
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Zimbabwe Is Seeking Comments on the Crypto Industry: Report
Zimbabwe is seeking comments from the crypto industry as it tries to understand the sector more. дальше »
2024-6-14 12:41
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Zimbabwe asks for public comments to create crypto framework
Zimbabwe is seeking public comments on crypto regulation as the country aims to integrate emerging tech into its economic framework. Zimbabwe has called for public feedback on crypto operations as it crafts a policy framework for the burgeoning sector, Bloomberg… дальше »
2024-6-13 12:22
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Zimbabwe Central Bank Prepares To Roll Out Gold-Backed Digital Token
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. дальше »
2023-8-16 21:00
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Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice
Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion in its native currency or 39 million in United States dollars. дальше »
2023-5-16 21:40
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Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens
Coinspeaker Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation. дальше »
2023-5-15 15:46
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Zimbabwe Looks Towards A Future With Bitcoin As It Seeks Guidance For BTC Payments
A lot of countries have been looking to follow in El Salvador’s footsteps since the country officially implemented bitcoin as a legal tender. Most of these countries have however been from the same region as El Salvador in Latin America. дальше »
2021-11-10 02:00
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Zimbabwe Mulls Making Crypto Legal Tender
The government of Zimbabwe is nursing serious plans to make bitcoin (BTC) a legal tender. Per a report on November 7, 2021, by local news publication, Bulawayo 24 News, Zimbabwean authorities are now in talks with various stakeholders to find out the potential benefits of cryptocurrencies to the nation’s economy. Zimbabwe Eyes Bitcoin Adoption AsRead More дальше »
2021-11-9 22:00
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Government Of Zimbabwe May Be One Step Closer To Embracing Crypto
Zimbabwe may finally be relaxing its hardball stance on cryptocurrencies. Its increasingly crypto-friendly finance minister Mthuli Ncube, recently said that at this point, it would be impossible for the nation to keep ignoring cryptocurrencies. дальше »
2021-10-18 13:00
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How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles
Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. дальше »
2021-4-14 21:15
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1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says HRF’s Alex Gladstein
While central banks are focusing on creating more stimulus and economists expect inflation in the U. S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that 1. дальше »
2021-3-10 00:30
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Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U. дальше »
2020-11-24 10:30
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Can blockchain make a difference? Africa sees vast monetary potential
As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems. дальше »
2020-11-16 18:00
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Venezuela’s Bitcoin Story Puts It in a Category of One
Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data. дальше »
2020-11-12 23:42
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Mark Cuban Wants an Expiration Date on Stimulus Checks: Critics Says Proposal Is Right out of a Banana Republic Playbook
U. S. billionaire Mark Cuban wants the next stimulus check to come with an expiration date in order to force Americans to spend the funds. The businessman believes this “use it or lose it” approach would benefit the U. дальше »
2020-9-29 23:00
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Mark Cuban Wants an Expiration Date on Stimulus Checks: Critics Say Proposal Is Right out of a Banana Republic Playbook
U. S. billionaire Mark Cuban wants the next stimulus check to come with an expiration date in order to force Americans to spend the funds. The businessman believes this “use it or lose it” approach would benefit the U. дальше »
2020-9-29 23:00
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Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U. S. crypto analytics firm Chainalysis. дальше »
2020-9-10 11:00
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Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account per person. дальше »
2020-8-28 13:00
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Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight
Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week. дальше »
2020-7-1 00:17
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Zimbabwe: Central Bank Set to Introduce Regulatory Sandbox for Cryptocurrency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ) is making plans to regulate the cryptocurrency industry, as there is a draft policy framework underway. A robust regulatory framework in place will see the development of the crypto sector in the country. дальше »
2020-3-17 21:00
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Zimbabwe Finally Decides to Regulate Cryptocurrency
Zimbabwe has long been a hive of cryptocurrency trading. But aside from some rumors after the government banned forex trading in Oct 2019, bitcoin’s fate in this country has been someone uncertain. Not for much longer, though. дальше »
2020-3-17 15:00
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Zimbabwe Could End Corruption With This Cryptocurrency Initiative
Cryptocurrency has long been trumpeted and used as a tool to escape the hardships of abusive, inflationary financial regimes. Step forward an audacious plan to economically jailbreak the entire population of Zimbabwe with Dai. дальше »
2019-12-24 15:00
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Zimbabwe’s Battle with Hyperinflation Highlights Desperate Need for Bitcoin
Zimbabwe rolls out new currency but limits weekly withdrawals. Hyperinflation makes it difficult for Zimbabweans to trust their government. Bitcoin appears to be the perfect solution as it eliminates the need to trust an authority like the government. дальше »
2019-11-14 18:40
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Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. дальше »
2019-10-3 17:55
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Zimbabwe Bans Mobile Cash And Forex But Bitcoin Remains Unknown
Bitcoin proponents are raising awareness of fiat currency alternatives for Zimbabweans after the country’s central bank suddenly banned a popular payment option. Central Bank Halts Mobile Cash Overnight As local news outlet TechZim reported on September 30, the Reserve Bank of Zimbabwe (RBZ) has shut down so-called cash-in, cash-out transactions. дальше »
2019-10-1 19:00
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Zimbabwe Bans Mobile Money and Foreign Pricing
Numerous countries find themselves in major financial peril these days. Zimbabwe is one of the many African countries in dire need of a change. Recent regulations imposed by the central bank continue to limit financial options for both companies and individuals alike. дальше »
2019-10-1 01:59
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How Governments Steal Your Money and Conceal It Through Inflation
Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. дальше »
2019-8-6 22:30
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Bitcoin Price Hits Insane 1000% Premium in Hyper-Inflated Zimbabwe
Zimbabwe’s worsening economic conditions have seen the citizens of the Southern Africa republic turn to Bitcoin leading to them paying a premium price on over-the-country crypto trading platform LocalBitcoins. дальше »
2019-7-18 16:22
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‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders
P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically embattled southern African country. дальше »
2019-7-13 20:30
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Zimbabwe's US Dollar Ban Ignites Massive Bitcoin Fever
Bitcoin trading is booming in Zimbabwe. The government introduced a law banning the use of the U. S. dollar, forcing citizens to adopt a national currency instead. Zimbabwe's national currency stopped circulating in 2009 as part of an effort to stabilize the economy. дальше »
2019-7-11 00:45
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Bitcoin News Weekly Digest: BTC Price Talk To Schiff The Bitcoiner
It’s been a sporty old week, from the women’s football world cup finals to the start of the Wimbledon tennis tournament. But who are this week’s winners and losers in the world of BTC and cryptocurrency? Let’s go through it all in the Bitcoin news weekly recap. дальше »
2019-7-8 17:02
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Inflation-Plagued Zimbabwe Is So Poor It Can’t Even Issue Passports
Zimbabwe’s woes continue as the cash-strapped southern African nation is now so poor it cannot even issue its own passports. President Emmerson Mnangagwa told reporters that the issuing company is refusing to do any further business with the government until it has settled its debts. дальше »
2019-7-5 02:32
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Bitcoin Price Continues to Rise in Venezuela
The price of bitcoin against Venezuela’s fiat currency – the Bolivar (Bs), continues to rise even with the spot BTC price taking a hit over the past few days. People living in areas of economic turmoil continue to adopt BTC as a way of escaping rapid inflation and devaluation of their fiat currency. дальше »
2019-7-2 20:00
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Bitcoin Price Hits $76,000 on Zimbabwe LocalBitcoins
Bitcoin is trading at an eye-watering 600% premium in Zimbabwe, as the country’s oppressive monetary policy drives local investors towards the decentralized ‘safe haven’ cryptocurrency. дальше »
2019-7-2 13:45
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Zimbabwe Trade Union Demands More Stable Currency, This is Why Crypto is Important
A Zimbabwean government policy to ban the use of the US dollar and other currencies has been met with bitter opposition by the largest trade union in the country. The ongoing spat highlights the need for people to have the kind of free choice of currency that crypto assets can provide. дальше »
2019-6-27 00:00
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Bitcoin Volumes in Venezuela Plummet During Nationwide Blackout
Venezuelans are having a difficult time as the country’s power grid shut off on March 7, leaving the majority of Venezuelan states with no electricity for well over a week. According to reports on March 14, electricity has been restored throughout most states within the country. дальше »
2019-3-15 21:29
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High Cost Slows Down Bitcoin ATM Growth in Africa
There are more than 4,000 bitcoin automated teller machines (ATMs) in the world, but only just about 10 (or 0.2 percent) of these are in Africa. In a continent widely touted as the next big growth region for cryptocurrency, could it be that the story of Africa’s growth isn’t as real as many “Africa rising” […] The post High Cost Slows Down Bitcoin ATM Growth in Africa appeared first on Bitcoin News. дальше »
2019-2-15 14:27
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Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal
Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. дальше »
2019-1-26 10:38
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Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy
Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency is being rendered worthless. дальше »
2019-1-24 07:59
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Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization
For bitcoin idealists, the coming utopia for global finance stars bitcoin dismantling the fiat hegemony, empowering citizens to own their money without central bank mediation, and facilitating borderless trade. дальше »
2019-1-23 15:25
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Morgan Stanley Believes Bitcoin Will Last The Long Haul, Coinbase Exec Says
Since Nakamoto launched Bitcoin a decade ago, the legacy financial system has fought it tooth and nail. Wells Fargo banned Bitcoin purchases from its credit cards mid last year. Indian and Pakistani banks are forcing their clients to declare they won’t buy Bitcoin before they open an account. дальше »
2019-1-21 17:38
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Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy
A shutdown of the internet by the Zimbabwe government this week, in an attempt to quell deadly protests, ended up achieving the exact opposite result – a total shutdown of the economy, including key public services like health and education. дальше »
2019-1-18 15:45
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Thousands of Banned Binance Customers Remain Cut off by the Exchange
Binance, the world’s second largest digital asset exchange by traded volume, has withdrawn its services from countries targeted by U. S. economic sanctions, in line with its controversial revised terms of use. дальше »
2019-1-6 03:00
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Embracing Utility in 2019: Unreliable Crypto Networks Will Lose to Hyperbitcoinization
Cryptocurrencies started gaining significant mainstream attention in 2017 and speculation brought coin values to unseen levels, before quickly deflating. Now, after a decade, it seems this technology is entering a new era that can actually move past speculation to embrace real-world utility. дальше »
2019-1-1 05:05
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Billions Living Under Authoritarian Regimes Need Bitcoin Says Human Rights Activist
When reporting on cryptocurrency, the mainstream media often focuses on price drops relating to USD. But a human rights activist reminds the general public that Bitcoin is not another commodity or stock on the market, rather, a tool for liberation. дальше »
2018-12-30 20:00
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Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet
Kubitx, a pan-African digital asset exchange, went live on Dec. 20 after completing its beta test. The Malta-registered trading platform has also released what it calls a “hybrid over-the-counter (OTC) wallet” allowing users to buy and sell cryptocurrencies including BTC and BCH as well as to pay bills. дальше »
2018-12-21 07:00
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Zimbabweans Use BTC to Pay for Food Hampers Amid Foreign Currency Crisis
Study263, a Zimbabwean-owned fintech startup operating from South Africa, has opened an online store allowing Zimbabweans to buy food hampers that are delivered directly to their homes. Shoppers have the option to pay for items like cooking oil and baked beans in BTC, Paypal or Ecocash, a local mobile money payment system. дальше »
2018-11-20 22:05
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Bitcoin Takeoff – Will It Be Repeated? Emerging Markets: Zimbabwe
While situation with Iran and Venezuela and with their involvement in crypto market is more or less clear, then nothing is clear about South African Zimbabwe. We have already written how serious approach have been made by Iran, because its economy is suffering from sanctions. дальше »
2018-11-16 13:10
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Cryptogem Global Defies Zimbabwe’s Central Bank with New P2P Bitcoin Exchange
Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions. дальше »
2018-11-8 18:25
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