The Reserve Bank of Zimbabwe has announced that Zimbabwe will launch a gold-backed digital currency, dumping the US dollar.
Zimbabwe has become the latest country to dump dollar and has decided to issue gold-backed digital currency for “investment purposes with a vesting period of 180 days.” The country’s central bank has revealed that these tokens “would be used both as a means of payment and a store of value.”
The Reserve Bank of Zimbabwe (RBZ) said it will launch gold-backed digital cu...
