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Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors
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Zimbabwe's Minister of Information publicly dismissed ongoing rumors about the country considering the adoption of cryptocurrencies and Bitcoin (BTC). Rather, Minister Monica Mutsvangwa clarified that the government of Zimbabwe is keen to experiment with a central banking digital currency (CBDC).
The rumor about Zimbabwe’s crypto adoption was sparked based on numerous reports quoting Charles Wekwete, Permanent Secretary of the President’s office, saying that the government was in talks with the private sector businesses to help introduce cryptocurrency in the country.
Just one day after the reports, Mutsvangwa took to a cabinet briefing to dismiss the ongoing crypto adoption claims:
Moreover, the minister clarified that the government of
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