HARARE, Zimbabwe (AP) — Zimbabwe will launch a digital currency next month by introducing “tokens” that are backed by gold reserves and can be transferred between people and businesses as a form of ...

Zimbabwe’s gold-backed digital token is not going to stabilize the country’s local currency as the central bank hopes, two economists told CoinDesk. On May 8, the Reserve Bank of Zimbabwe issued ...

Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...

Zimbabwe is looking to gold to “expand value-preserving instruments,” launching a gold-backed digital currency last week as the nation suffers from hyperinflation and its currency continues to ...

Zimbabwe used nearly 140 kilograms of gold reserves to back the first sale of its digital money. The central bank received 135 applications valued at 14 billion Zimbabwe dollar ($12 million) to ...

Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. HARARE, Zimbabwe (AP) — Zimbabwe will launch ...

The Reserve Bank of Zimbabwe, or RBZ, plans to introduce a gold-backed digital currency as legal tender to help stabilize the local currency, the Zim dollar, the Sunday Mail reported. The tokens will ...