Zimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency.
While the enthusiasm for widespread blockchain adoption remains, lack of education and a dearth of technical know-how continues to be a stumbling block across Africa
Zimbabwe’s central bank is working with crypto and fintech companies to leverage the country’s emerging digital economy amid crippling hyperinflation and currency instability
Zimbabwe is now warming up to crypto as the infamous Zimbabwe dollar exists once again
Turkey’s financial regulators have helped the country rise to the top of crypto and blockchain adopters
CEO of the Zimbabwean Golix cryptocurrency exchange allegedly lost the password to a Bitcoin cold wallet
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. Also Read: Bittrex, Coinbase and Kraken Set up Crypto […]
The post Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash appeared first on Bitcoin News.
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. Also Read: Global Crypto War Is Heating up […]
The post How Governments Steal Your Money and Conceal It Through Inflation appeared first on Bitcoin News.
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. Finance minister Mthuli Ncube sees the […]
The post ‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders appeared first on Bitcoin News.
Bitcoin peer-to-peer trading in Zimbabwe surges amid the ban on foreign currencies and central bank’s ban of crypto transactions