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Category Gold-Backed Digital Currency

Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’

Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’

According to a report, the Reserve Bank of Zimbabwe has commenced trials, or the “dry run” test, for the viability of launching a gold-backed digit...
Report: Zimbabwe’s Central Bank Set to Launch P2P Platform for Facilitating Gold-Backed Digital Currency Transactions

Report: Zimbabwe’s Central Bank Set to Launch P2P Platform for Facilitating Gold-Backed Digital Currency Transactions

The Reserve Bank of Zimbabwe has said it is getting close to launching a peer-to-peer platform which will facilitate digital gold token transaction...
Zimbabwe Gold-Backed Digital Tokens Attract Over $14 Billion ZW In First Issue

Zimbabwe Gold-Backed Digital Tokens Attract Over $14 Billion ZW In First Issue

The central bank received 135 applications worth ZWL 14 billion for its gold-backed digital tokens. The second auction is on May 18.
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability

IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability

The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency. Inst...
Texas House To Promote 100% Gold-Backed Digital Currency Bill

Texas House To Promote 100% Gold-Backed Digital Currency Bill

A Texas House of Representatives committee is pushing for the creation of 100% gold-backed digital currency.