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Zimbabwe to Introduce Gold-Backed Digital Currency: Report

The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so that they can hedge against the currency's volatility.

Zimbabwe will introduce a gold-backed digital token as legal tender. (Camomile Shumba/CoinDesk)
Zimbabwe will introduce a gold-backed digital token as legal tender. (Camomile Shumba/CoinDesk)