Tag: Zimbabwe

Ponzi Scheme Redux: MMM Krypto Raises Concerns, Triggers FSCA Warning

The resurgence of MMM has prompted the FSCA in South Africa to issue a warning about the scheme's alluring promises of unrealistic returns. ...

Can blockchain voting improve African elections amid coups?

A concerning 27% of African elections have been disputed in the last five years, recent major ones being the Zimbabwe and Gabon elections. ...

Zimbabwe sells millions of gold-backed cryptocurrency despite IMF caution

Despite the International Monetary Fund (IMF) warning, the Reserve Bank of Zimbabwe has successfully sold 14 billion Zimbabwean dollars' worth of gold-backed cryptocurrency. ...

Zimbabwe announces ambitious Gold backed digital currency

The Reserve Bank of Zimbabwe (RBZ) recently announced a new digital currency, the Gold-backed dollar (GBD), designed to address the country's foreign currency...

Zimbabwe races to launch CBDC

The country’s central bank launched a survey to garner opinions on the feasibility of a CBDC The Reserve Bank of Zimbabwe opened an...

South Africa sets the tone for proper crypto regulation in Africa

According to a working group study, daily crypto asset trading prices in South Africa "exceeded $145 million for the first time" in January 2021. The new restrictions are intended to increase transparency and reduce cryptocurrency usage for illegal purposes.