Categories
Gold

Zimbabwe Introduces Digital Payment System Backed By Gold

Click here to get this article in PDF

The Reserve Bank of Zimbabwe (RBZ) has launched a digital payment system backed by physical gold. The RBZ rolled out its digital gold-backed token in April after successfully implementing a program to produce physical gold coins in 2022. On Oct. 5, the central bank announced that these gold-backed digital tokens could be used as a […]

The post Zimbabwe Introduces Digital Payment System Backed By Gold first appeared on SchiffGold.