Zimbabwe Central Bank Chief: ‘We Don’t Believe in Cryptocurrencies’

Zimbabwe Central Bank Chief: ‘We Don’t Believe in Cryptocurrencies’

The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, has said his institution is interested in creating a central bank digital currency (CBDC). The central bank, however, does not believe in cryptocurrencies, he added. According to a Bloomberg report, Mangudya made these remarks during an interview with Trevor Ncube, a veteran Zimbabwean journalist. In remarks that....


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