Zimbabwe


Policy

Zimbabwe Is Seeking Comments on the Crypto Industry: Report

Zimbabwe ranks 103 in Chainalysis' report that looks at nations crypto use, trumping more than 50 nations.

Zimbabwe, Harare (Camomile Shumba / CoinDesk)

Policy

Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say

Sound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said.

Zimbabwe flag (Nabil Kamara/ GettyImages)

Policy

Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency

The Reserve Bank of Zimbabwe has said the tokens will be issued on May 8.

Flag of Zimbabwe (Manuel Augusto Moreno/ Getty)

Videos

Zimbabwe to Introduce Gold-Backed Digital Currency: Report

The Reserve Bank of Zimbabwe, or RBZ, plans to introduce a gold-backed digital currency as legal tender to help stabilize the local currency, the Zim dollar, according to reporting by the Sunday Mail. “The Hash” panel discusses what this could mean for the future of money in Zimbabwe and the debate over central bank digital currencies.

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Policy

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)

Finance

How Bitcoin Contributions Funded a $1.4M Solar Installation in Zimbabwe

The long-running Sun Exchange has a pitch for environmentally conscious bitcoiners.

Nhimbe Fresh's new solar panels. (Sun Exchange)

Finance

Venezuela's Bitcoin Story Puts It in a Category of One

Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.

Exposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.

Markets

Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight

Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week.

Zimbabwean banknote

Markets

Bitcoin News Roundup for June 30, 2020

As Zimbabwe embarks on its fifth bout of hyperinflation in modern history, CoinDesk's Markets Daily is back with another bitcoin news roundup.

Markets Daily Front Page Default

Markets

In Zimbabwe, Crypto Is a 'Liberation Tool': Bitcoin in Africa, Part 1 of a New Documentary Podcast Series

After three weeks of listening, recording and talking bitcoin in Africa, podcaster Anita Posch shares her experiences in part one of this new six-part documentary podcast series.

Credit: Martina Gruber

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