by COINS NEWS - 3 years ago
Zimbabwean Minister of Finance wants Country to use Crypto to Circumvent High Fees by Western Union
submitted by /u/tfproblem [link] [comments]
News about Zimbabwe
Bitcoin News / Bitcoin.com - 3 years ago
Zimbabwean Minister Says Cryptocurrency Based Solutions ‘Could Lower Charges for Diaspora Remittances’
The Zimbabwean minister of finance, Mthuli Ncube, has once again talked up the potential advantages of using cryptocurrencies. In new comments made shortly after visiting the DMCC Crypto Centre in Dubai, Ncube raises the possibility that the country...
Bitcoin News / Bitcoin.com - 3 years ago
Mastermind of Zimbabwean Bitcoin Pyramid Scheme Vanishes With $6 Million
Reports from Zimbabwe suggest that an individual by the name of Martin Mhlanga, who is the mastermind behind the Cryptoshares bitcoin pyramid scheme, has disappeared along with over $6 million in investor funds. In addition to Mhlanga’s disapp...
Bitcoin News / Bitcoin.com - 3 years ago
More Zimbabwean Artists Pivot to NFTs as Bubble Concerns Grow
A Zimbabwean artist, Greatjoy Ndlovu, joined the growing list of African artists pivoting to the non-fungible tokens (NFT) market after his digital artwork was sold for 0.7 ethereum. The sale, which took place on the Async Art NFT marketplace, is Ndl...
Bitcoin News / Bitcoin.com - 3 years ago
Crypto Payment Option Makes Services More Affordable: Zimbabwe Music Studio Director
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pande...
Bitcoin News / Bitcoin.com - 3 years ago
Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of...
More / Bitcoin Reddit - 3 years ago
Help free Zimbabwe
Hi guys. I've got a few questions I'd like to ask about bitcoin and crypto exchange. I'm from Zimbabwe (yes the country with trillion dollar notes). And it's no secrete we have a corrupt and dictatorship government here.our currency i...
Bitcoin News / Bitcoin.com - 3 years ago
Mastercard Blockchain-Supported Livestock Tracking System Launches in Zimbabwe
E-Livestock Global, a venture-funded social enterprise, recently launched a blockchain-based livestock traceability system for Zimbabwean cattle farmers. The Mastercard “Provenance solution”-powered system, claiming to be the first of its...
Bitcoin News / Bitcoin.com - 3 years ago
Binance Extends Blockade of Zimbabwean Crypto Users to Include Non-Resident Traders
Malta-based cryptocurrency exchange, Binance, has reportedly extended its blockade of Zimbabwean users to include non-resident citizens. As a result of the new measures, all Zimbabwean nationals are now precluded from using the Binance trading platfo...
Bitcoin News / Bitcoin.com - 3 years ago
Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be de...
by COINS NEWS - 3 years ago
Zimbabwe's Biggest Bank embraces Crypto as more Africans use it to fight large FIAT Inflation
submitted by /u/Dwez1337 [link] [comments]
Bitcoin News / Bitcoin.com - 3 years ago
Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’
One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other emerging digital innovations.” According to the financial institution’s chairperson, Marc...
Bitcoin News / Bitcoin.com - 3 years ago
Report: South African Taxes and Smuggling Behind Gold’s Price Distortions in Zimbabwe
Despite gold’s longstanding status as an alternative store of value, the commodity continues to experience unusual price variations in countries like South Africa and Zimbabwe. In turn, such price variances, as well as the rampant smuggling of...
Bitcoin News / Bitcoin.com - 3 years ago
Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels
Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which...
