BRICS may be developing a gold-backed financial system using Ripple’s XRP Ledger, aiming to bypass the US dollar and SWIFT ...

Harare, Zimbabwe – On Monday, Zimbabwe released a gold-backed digital currency for ... Former Finance Minister Tendai Biti attacked the new digital currency, saying the central bank should ...

Less than six months after Zimbabwe launched yet another new currency ... In 2019, the local currency was introduced but three-digit inflation has persisted. A digital gold-backed currency ...

Former Finance Minister Tendai Biti attacked the new digital currency, saying the central bank should instead establish market stability by floating the Zimbabwe dollar. "The introduction of the ...