GoldBacked

The Central Bank of Zimbabwe introduced this gold-backed digital currency to combat the volatility of its national currency. In a notice on Thursday, May 4, the Reserve Bank of Zimbabwe (RBZ) invited financial institutions and…

Central Bank of Zimbabwe Governor John Mangudia recently revealed that his institution plans to introduce a gold-backed digital currency. According to the governor, the soon-to-be-launched gold-backed digital currency is expected to…

On April 23, the Reserve Bank of Zimbabwe (RBZ) said that the gold-backed digital asset will be used as legal tender in the African country. The move is part of an effort to stabilize the country's economy and the…

As the digital currency debate continues, many US states are making strides in exploring a government digital currency backed by gold, regulating bitcoin mining, and addressing legal challenges in the cryptocurrency space. Amid ongoing…

While some US regulators propose launching a central bank digital currency (CBDC) controlled by the Federal Reserve that can be manipulated like the dollar, Texas wants a digital currency that can be exchanged for gold and…