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/

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TCC's avatar
TCC 2 years ago
Xaut will be much better than their governance record