South African country Zimbabwe has issued $39 million worth of gold-backed tokens, despite the International Monetary Fund (IMF) warning.
The Central Bank of Zimbabwe (RBZ) on May 12, 8-12 May carried out between gold backed token on export 135 to the buyer 39 million He announced that he was selling a dollar worth of sales.
in total 139.5 kilograms The token sale, which is stated to be backed by gold, is for individual buyers. $ 10 and for corporate buyers 5,000 dollars It was stated that it was carried out with a minimum purchase limit.
RBZ Head john mangudia, current token issuance in the economy expanding, diversifying the means of storing value And by scaling usage areas expanding stated that it was done for the purpose.
On the other hand, Zimbabwe’s existing gold-backed token of the IMF unpredictable in fragile economy can lead to consequences and discuss its benefits and costs. carefully One evaluation He was reminded of his warning about what to do.
One dollar in official markets to 362 Zimbabwe Dollars while stating that unofficial more in the markets high It was noted that exchange rates were accepted. In this context, gold-backed tokens to the black market It should also be noted that it may fall of the matters shown as one.
International financial authorities in the past to the fragile economy cryptocurrencies and to bitcoin about action about getting abstained they had commented.
Last year Fitch and many credit institution bitcoin to adopt a variety of advances El Salvador’s credit rating had dropped it.