The Zimbabwean central bank recently said it is close to rolling out gold-backed digital tokens “for transactional purposes.”
According to the bank’s governor, the gold-backed digital tokens have already proven to be an effective monetary policy instrument.
Central bank governor John Mangudya also said the results of a consumer survey had shown that residents had limited knowledge about an envisaged central bank digital currency (#CBDC).
Bitcoin News
Zimbabwe Central Bank Says Gold-Backed Tokens Set to Be Used for 'Transactional Purposes'
According to the bank's governor, the gold-backed digital tokens have already proven to be an effective monetary policy instrument.
