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Zimbabwe turns gold-backed digital token into payment method

The Reserve Bank of Zimbabwe first introduced its new project in April, with each issued digital token backed by a physical amount of gold held in the bank’s reserves.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Zimbabwe turns gold-backed digital token into payment method

The Reserve Bank of Zimbabwe first introduced its new project in April, with each issued digital token backed by a physical amount of gold held in the bank’s reserves.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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