Cryptocurrency ban in Zimbabwe not stopping Golix ICO

Zimbabwe may have taken a big leap backwards when the central bank banned banks from processing cryptocurrency transactions and payments although the country‚Äôs Golix exchange for cryptocurrencies is pressing ahead with its ICO despite the ban which has sparked widespread debate on social media. Bitcoin traders and investors in…

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Reserve Bank of Zimbabwe warns that Bitcoin is illegal

The Reserve Bank of Zimbabwe (RBZ) has warned Zimbabweans that Bitcoin is not legal in the country. This was made clear by Norman Mataram, Director and Registrar of banking institutions at RBZ, when he made a public statement warning Zimbabweans against using Bitcoin as it was illegal in the country.…

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Bitcoin Price Soared To $7,200 In Zimbabwe

The price of Bitcoin in Zimbabwe has soared to a remarkable $7,200 compared to the global price of $3,900 at the time of publishing. This is the price that the cryptocurrency reached on 25 September 2017 on a BitcoinFundi, a Zimbabwean Bitcoin Exchange. For several years Zimbabwe has…

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