Zimbabwe Unleashes $14 Billion+ in Digital Gold-Backed Tokens: First Issue Frenzy Begins!
Over the past decade, Zimbabwe has faced significant currency volatility and inflation issues. The country abandoned its currency in 2009 due to hyperinflation and primarily adopted the US dollar in its place. In efforts to revive Zimbabwe’s stagnant economy, the Zimbabwe dollar was brought back in 2019. However, the government declared the greenback legal currency […]
“Zimbabwe’s New Gold-Backed Digital Currency Debuts May 8! Starting at Just $10!”
Zimbabwe’s central bank is preparing to launch a gold-backed digital currency on May 8th, in a possible attempt to stabilize the country’s unstable currency and attract foreign investment. The digital tokens will be available for purchase by individuals and corporations, with prices starting at $10 for retail investors and $5,000 for larger entities. Transactions will […]
“Texas Lawmakers Unveil Revolutionary Gold-Backed Digital Currency Bill: A Game Changer?”
Texas Lawmakers Propose Gold-Backed Digital Currency Legislation Texas lawmakers have recently introduced a bill proposing the establishment of a gold-backed digital currency, which has the potential to revolutionize the state’s financial landscape. House Bill 4474, sponsored by Representative Tan Parker, aims to create a comprehensive regulatory framework for digital currencies and their use within the […]