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Zimbabwe , Friday 05 June 2026

News Zimbabwe » Cryptocurrencies: Zimbabwe bans banks from processing payments for cryptocurrencies

News channel or source: https://www.reuters.com/article/technology/zimbabwe-bans-banks-from-processing-payments-for-cryptocurrencies-idUSKCN1IF0V3/
Published on: Sunday 13 May 2018

HARARE (Reuters) - Zimbabwe's central bank has stopped local banks from trading or processing payments linked to cryptocurrencies like bitcoin, its governor said on Monday, but stopped short of ...

News Zimbabwe » Cryptocurrencies: To Minimize Volatility, Zimbabwe Introduces Gold-Backed Crypto

News channel or source: https://www.nasdaq.com/articles/to-minimize-volatility-zimbabwe-introduces-gold-backed-crypto
Published on: Wednesday 03 May 2023

Emerging market countries have seen the volatility of their local currency fluctuate amid rising interest rates and inflation. The country of Zimbabwe is hoping to alleviate the volatility with the ...