The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender has reportedly announced plans to send a team in June to evaluate the performance of the new currency. Contrasting IMF […]Africa, Digital Currency, fiat currency, financial stability, Foreign exchange, Gold-backed currency, IMF, US DollarRead More

You might also be interested in reading Gitcoin Deactivates Grant for Farsi Speaking Communities Due to U.S. Sanctions.