Zimbabwe

Zimbabwe Could End Corruption With This Cryptocurrency Initiative

Cryptocurrency has long been trumpeted and used as a tool to escape the hardships of abusive, inflationary financial regimes. Step forward an audacious plan to economically jailbreak the entire population of Zimbabwe with Dai. A Nation Dai-ing On Its Feet Bitcoin use has soared in Zimbabwe over the past year, as the government has applied...
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Zimbabwe Believes Bitcoin Is The Best Solution For Hyperinflation

Alternative Airlines is the name of the latest travel company which makes headlines in the cryptonews section. As the updates show, this UK travel company has partnered with the cryptocurrency service Utrust to facilitate payments with crypto.On November 13, the Switzerland-based firm and digital payments processor Utrust announced a new partnership with the first merchant...
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Zimbabwe’s Battle with Hyperinflation Highlights Desperate Need for Bitcoin

Zimbabwe rolls out new currency but limits weekly withdrawals. Hyperinflation makes it difficult for Zimbabweans to trust their government. Bitcoin appears to be the perfect solution as it eliminates the need to trust an authority like the government. In an effort to quell the effects of hyperinflation, Zimbabwe introduced the new generation Zimbabwe dollars. The...
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Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash

Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex, Coinbase and Kraken Set up Crypto...
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Zimbabwe Bans Mobile Cash And Forex But Bitcoin Remains Unknown

Bitcoin proponents are raising awareness of fiat currency alternatives for Zimbabweans after the country’s central bank suddenly banned a popular payment option. Central Bank Halts Mobile Cash Overnight As local news outlet TechZim reported on September 30, the Reserve Bank of Zimbabwe (RBZ) has shut down so-called cash-in, cash-out transactions.  Ubiquitous in Zimbabwe, cash-in, cash-out...
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Zimbabwe Bans Mobile Money and Foreign Pricing

Numerous countries find themselves in major financial peril these days. Zimbabwe is one of the many African countries in dire need of a change. Recent regulations imposed by the central bank continue to limit financial options for both companies and individuals alike. These new guidelines do not bode well for Bitcoin adoption in the country...
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