Zimbabwe's Finance Minister stresses the need to access credit lines and restructure debt before adopting the Zig as sole currency.
Zimbabwe plans to allow its gold-backed currency, Zig, to float freely on the foreign exchange market to achieve price discovery without interference.
Zimbabwe introduces a licensing fee for Whatsapp group admins, ranging from $50 to $2,500, to curb misinformation.
A Zimbabwean professor suggests the BRICS New Development Bank as a viable alternative to the IMF, offering better terms for developing countries and helping Zimbabwe escape debt traps. The introduction of Zimbabwe Gold, a mineral-backed currency, is also discussed.
The Reserve Bank of Zimbabwe has reduced the cash outflow limit for departing travelers from $10,000 to $2,000 to restrain U.S. dollar movements out of the country.
The Reserve Bank of Zimbabwe has added $50 million to the market to support the currency, though some believe it's insufficient.
The article discusses efforts to organize Bitcoin education in Zambia and Zimbabwe, highlighting the potential impact on local communities and economic growth.
The Reserve Bank of Zimbabwe has devalued its gold-backed currency by 44%, dropping it from 13.98 to 24.3 against the U.S. dollar to address economic instability.
The Reserve Bank of Zimbabwe (RBZ) plans to use reserves to stabilize Zimbabwe Gold (ZIG) amid recent market instability.
Zimbabwe's central bank aims to protect its gold-backed currency, Zimbabwe Gold (zig), from market volatility using foreign currency reserves while maintaining tight monetary policies for stable inflation and exchange rates.
Zimbabwe's gold-backed ZIG currency has increased in usage but the U.S. dollar remains dominant.
The Reserve Bank of Zimbabwe (RBZ) denied claims of forcing remittance conversions to local currency, clarifying no planned changes to its diaspora remittances policy.
Zimbabwe plans to replace the U.S. dollar with the Zig currency by early 2026, as part of a new de-dollarization roadmap approved by the Cabinet.
Zimbabwe's central bank has injected over $50 million into the forex market to stabilize the country's currency and economy amid a high parallel market exchange rate.
Zimbabwean mining company Kuvimba Mining House has launched a blockchain-based system to trace their gold from mine to market, ensuring transparency and legitimacy.
The SECZ and RBZ are creating a framework for virtual asset trading in Zimbabwe, focusing on legislative clarity, client protection, and education. Key challenges include infrastructure investment and licensing fees.
Zimbabwe is seeking public input to develop cryptocurrency regulations, aiming to reduce financial instability and promote economic growth.
Zimbabwe is seeking public input for developing cryptocurrency regulations, aiming to understand the digital asset landscape and create policies accordingly.
Zimbabwe is seeking public input on Bitcoin regulation to enhance economic stability and foster innovation while meeting international standards.
Zimbabwe is launching a public consultation to gather opinions on regulating cryptocurrency operations, marking a significant shift for the nation.
The Zimbabwean government hopes to create a regulatory structure tailored to the country’s specific needs and conditions by consulting crypto firms on virtual asset regulation.
Zimbabwe is exploring comprehensive crypto regulations and seeking public input to understand and regulate the sector, marking a proactive approach towards digital asset governance.
Zimbabwe is inviting public feedback on new cryptocurrency regulations, aiming to align with global trends. A committee will analyze the feedback to create a balanced environment for innovation and security.
Zimbabwe is seeking comments from the crypto industry to gain a better understanding of the sector.
The Zimbabwean government has invited public opinion on crypto asset regulation to formulate elaborate policies on regulation in this relatively new area.
The IMF has recognized Zimbabwe's new gold-backed fiat currency as a major policy move and plans to review its performance in June.
Zimbabwean millionaires Sheperd and Sekayi Sikhosana were kidnapped in South Africa and taken to Zimbabwe by a gang demanding $13.9 million in cryptocurrency.
The Zimbabwean government established the National Risk Assessment Coordination Committee (NRACC) to consult with stakeholders and assess the cryptocurrency ecosystem's nature and risks in Zimbabwe.
Zimbabwe is introducing a physical gold-backed token to stabilize its currency, which is supported by reserves triple the size of its issuance.
Zimbabwe's Central Bank introduced a new foreign exchange and gold-backed 'structured currency' to address its local currency issues, ensuring convertibility into reserve currency and slashing interest rates from 130% to 20%.
