Tag: GoldBacked
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Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice
[ad_1] Zimbabwe ignored the Worldwide Financial Fund’s (IMF) warning and engaged within the sale of its gold-backed crypto tokens. Consequently, the Reserve Financial institution of Zimbabwe recorded enormous success promoting its gold-backed digital belongings value 14 billion in its native foreign money or 39 million in United States {dollars}. Zimbabwe’s Sale Of Gold-Backed Digital Tokens…
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Central Bank to Issue Gold-Backed Digital Currency in Early May – Africa Bitcoin News
[ad_1] The Reserve Financial institution of Zimbabwe (RBZ) has stated it’ll begin issuing gold-backed digital tokens on Might 8. The primary section of the launch will see the digital tokens being issued for “funding functions with a vesting interval of 180 days.” The RBZ additionally revealed that the gold-backed digital tokens “could be used each…
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Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency – Bitcoin News
[ad_1] Two Republican lawmakers from Texas, senator Bryan Hughes and consultant Mark Dorazio, have launched laws to create a gold-backed digital foreign money that could possibly be enacted by the state legislature. The policymakers consider that this foreign money might significantly profit the Lone Star State and, instead digital foreign money, it might present Texas…