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Zimbabwe News

The Republic of Zimbabwe is a South African country with a population of 16 million people. Zimbabwe suffers from racial and ethnic conflicts, dictatorship and poor education. The Zimbabwean economy provides a very low gross domestic product per capita and has one of the highest Gini coefficients in the world. Zimbabwean latest news has to do with the house arrest of Robert Mugabe – Prime Minister of Zimbabwe since 1980. The Zimbabwean economy is built on exports of minerals, gold and agricultural products, such as tobacco and cotton. Zimbabwe is poorly developed in technology and has issued no laws about cryptocurrency and blockchain. Bitcoin is legal in Zimbabwe but has no official permission for use. Zimbabwean authorities are skeptical about Bitcoin and may change the legal framework for it. However, the difficult political and economic situation keeps Zimbabwe’s government concentrated on other problems.

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Zimbabwe’s central bank has recently ordered domestic financial institutions to stop dealing with crypto-related businesses and individuals.

Zimbabwe’s Central Bank Bans Financial Institutions From All Crypto Dealings

2018-05-12T13:51:00+01:00

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Bitcoin and blockchain tech are ripe for mainstream adoption in Africa, where the population is well positioned to embrace the innovative technologies.

Banks and Cryptocurrencies Global Evaluation: Africa

Christina Georgacopoulos

2018-05-10T16:50:00+01:00

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Venezuela will issue the first 100M Petros, the national cryptocurrency tied to the value of a barrel of oil.

President Maduro: Venezuela to Issue First 100 Million Petros

2018-01-07T07:05:00+00:00

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Bitcoin has hit $20k in record time, prices doubling in a month to produce almost 2,000% annual growth.

Bitcoin Hits $20,000 Per Coin, Capping Year of Enormous Growth

2017-12-17T12:25:00+00:00

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Zimbabwe’s central bank has announced that the use of the cryptocurrency Bitcoin is not allowed in the country.

Zimbabwean Central Bank Considers Bitcoin ‘Illegal’

Joshua Althauser

2017-11-25T17:16:00+00:00

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Those who know a thing or two about the end of the world, have backed the Bitcoin horse.

Bitcoin is Apocalypse Proof, Say Doomsday Preppers

2017-11-20T14:15:00+00:00

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Bitcoin price has surged on the Zimbabwean exchange following a successful military coup d'état.

Bitcoin Demand Surges in Zimbabwe Following Successful Coup

Joshua Althauser

2017-11-19T07:11:00+00:00

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Zimbabwe, facing massive hyperinflation turns to Bitcoin - prices soar on local exchanges.

BTC Trading for $12.5K In Zimbabwe

2017-11-14T19:30:00+00:00

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