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 […]