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Zimbabwe may be the next country to embrace Bitcoin as legal tender
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Zimbabwe has been paying attention to the increasing demand for crypto among its people, which it views as a possible avenue for growth. The country has also been receptive to regulating the entire sector.
Zimbabwe's government is considering utilizing Bitcoin as a legal payment option to meet this growing demand and harness the technology, according to local news.
According to the news, retired Brigadier Colonel Charles Wekwete, the Permanent Secretary and Head of the Office of the President and Cabinet's e-government Technology Unit, confirmed that discussions with businesses are already underway.
According to Wekwete, the disadvantages of the decentralized ecosystem include unregistered cross-border transfers, externalization of money,
Read more on cointelegraph.comAbout this in other media
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