Anti-Spasti on Nostr: The Zimbabwean central bank recently said it is close to rolling out gold-backed ...

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).

https://news.bitcoin.com/zimbabwe-central-bank-says-gold-backed-tokens-set-to-be-used-for-transactional-purposes/