Zimbabwe Nears Implementation of Gold-Backed Digital Tokens for Domestic Payments
The Reserve Bank of Zimbabwe (RBZ) has announced that it is finalizing its plans to introduce Gold-Backed Digital Tokens for everyday transactions. In his presentation of the Mid-Term Monetary Policy Statement (MPS) on August 9, 2023, John Panonesta Mangudya, RBZ's Governor, disclosed the Reserve Bank is now at "an advanced ...