Zimbabwe’s central bank will start selling gold-backed digital currency to investors next week and set the minimum token price at $10 for individuals and $5,000 for corporates and other entities.
The tokens will be sold in US dollars and local currency, but the latter shall be at a 20% margin above the willing-buyer willing-seller interbank mid-rate, the
The introduction of digital tokens is the latest attempt by the southern African nation to support its own local currency, which has weakened …