Zimbabwe to Introduce Gold-Backed Digital Currency: Report

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Zimbabwe to Introduce Gold-Backed Digital Currency: Report

Watch CoinDesk Video: 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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