Today news
About the same in other media
Zimbabwe studying CBDC, ‘as opposed to crypto, Bitcoin, any form of derivatives’
Reading now: 638
Africa, of late, has been the center of attention in terms of crypto adoption. Well, Zimbabwe has been mulling over the various possibilities with crypto as interest and use cases, surged in the country. With many speculating over Zimbabwe going the El Salvador route, the government paused to clarify, it was not looking to make crypto legal tender.
As per reports, the Information, Publicity, and Broadcasting Services Minister, Monica Mutsvangwa, revealed that cryptocurrency would not be a local currency, adding,
“Government would like to assure the nation that it is not considering introducing another currency in the economy as reported in some sections of the media. Our local currency is the Zimbabwe dollar, and not cryptocurrency.”
She
Read more on ambcrypto.comAbout this in other media
Explained: All about El Salvador's volcano-powered bitcoin bond economictimes.indiatimes.com /3 years ago
IMF Warns El Salvador, India's Crypto Soap Opera, Brazil's CBDC Pilot + More News cryptonews.com /3 years ago
El Salvador: Adopting ‘junk-grade’ Bitcoin bond will have these repercussions ambcrypto.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
