John Mangudya News

10.10 / 10:29

Adoption Gold Reserve Bank of Zimbabwe Zimbabwe turns gold-backed digital token into payment method

On Oct. 5, the gold-backed digital token under the name Zimbabwe Gold (ZiG) officially kicked off as a payment method. The launch was announced by the Reserve Bank of Zimbabwe (RBZ).

15.08 / 07:07

Reserve Bank of Zimbabwe Backed Reserve Reserve Bank of Zimbabwe Set to Launch Gold-Backed Digital Token (GBDT) for Retail Use Following Successful Investor Interest

The Reserve Bank of Zimbabwe (RBZ) has announced its advanced plans to launch Gold-Backed Digital Token (GBDT) for retail purposes following its successful reception among investors, a success the Bank hailed as "commendable" in a recent report.

15.05 / 05:37

Adoption Gold Dollar Reserve Bank of Zimbabwe Backed Warning Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwe Dollars’ worth of gold-backed digital tokens worth around $39 million despite a warning from the International Monetary Fund.

24.04 / 10:11

Adoption economics Gold inflation Volatility Backed Zimbabwe's Central Bank Plans Gold-Backed Digital Currency to Stabilize Local Economy

The central Reserve Bank of Zimbabwe (RBZ) plans to introduce a gold-back digital currency, meant to be used as legal ledger within the country.

23.04 / 18:05

business Digital Currency Africa Backed Zimbabwe's central bank to issue gold-backed digital currency: Report

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

08.12 / 03:25

Blockchain Digital Citizens Bitcoin ‘We are definitely almost there,’ Zimbabwe’s central bank governor on CBDC

Zimbabwe’s central bank Governor John Mangudya said in a recent interview, that the country is looking at a digital currency backed by the regulator at the moment, rather than cryptos like Bitcoin. Mangudya said,

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