The Reserve Bank of Zimbabwe is set to introduce a new digital currency backed by gold, in an effort to stabilize its local unit and address high currency volatility. But its latest experiment cannot turn into a reality without gold worth at least 100 million dollars.

How Zimbabwe plans to launch digital tokens

The Reserve Bank of Zimbabwe is set to introduce a new digital currency backed by gold, in an effort to stabilize its local unit and address high currency volatility.

Zimbabwe plans gold-backed digital currency

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How Zimbabwe plans to launch digital tokens

Zimbabwe plans gold-backed digital currency