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Government Rubbish Adoption of Cryptocurrency Rumors

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Sallomy Matare

The Government of Zimbabwe has assured its citizens that their is no other currency on the table except the Zimbabwean dollar.

This was said during the Thirty-eighth Post-cabinet press briefing today in Harare today, amid rumors coined by opposition propagandist claiming that Government is considering using cryptocurrency.

“Government would like to assure the nation that it is not considering introducing another currency in the economy as reported in some sections of the media. Out local currency is the Zimbabwe dollar (ZW$) and not cryptocurrency”

“Like most countries in the world, Government of Zimbabwe through its Financial Technology (FINTECH) Group, is studying Central Banking Digital Currency (CBDC) as opposed to cryptocurrencies, bitcoins or any form of derivatives.”

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