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Zimbabwe To Introduce Gold-Backed Digital Currency

Zimbabwe To Introduce Gold-Backed Digital Currency

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VBL
May 01, 2023
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Zimbabwe To Introduce Gold-Backed Digital Currency
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Zimbabwe To Introduce Gold-Backed Digital Currency

Authored by Ana Paula Pereira via CoinTelegraph.com,

The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as legal tender in the country. The move is a government initiative to stabilize the local currency from continued depreciation against the U.S. dollar.

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