🔴 Zimbabwe's Gold-Backed CBDC: Defying IMF Warning, Revolutionizing Economy

1 year ago
113

The Reserve Bank of Zimbabwe has sold $39 million worth of gold-backed digital tokens despite a warning from the International Monetary Fund (IMF) advising against the plan. Zimbabwe received 135 applications for the tokens and made a total of $39 million from the sale, and it plans to conduct another sale round for interested buyers.

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