Bitcoin is Legal But Not Tender in Multi-Currency Zimbabwe

Bitcoin is Legal But Not Tender in Multi-Currency Zimbabwe

How legal and useful is Bitcoin in Zimbabwe, the country which has been faced with a difficult economic situation for decades? The South African country has some issues with its currency that has almost brought it to its knees. It has found it extremely difficult to move ahead with the plan to revive the economy. Bitcoin is not illegal. According to Simbarashe Machiridza, who is the compliance officer at Bitfinance, a Bitcoin exchange that serves users across Africa, Bitcoin use is legal in Zimbabwe but it is not a legal tender, that is “... Although it’s not against the law to have....


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