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.
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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.
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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.
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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.
