Zimbabwe to introduce gold-backed digital currency: The Reserve Bank of Zimbabwe (RBZ) has revealed intentions to launch a gold-backed digital currency to combat the decreasing value of the Zimbabwean currency. The digital gold tokens will be a form of electronic money, backed by gold held at the ...

Zimbabwe has launched gold coins named “Mosi-oa-Tunya' to control an inflation spike that has eroded the country’s unstable currency. The move was announced by the Reserve Bank of Zimbabwe (central bank), which has disbursed 2,000 coins to commercial banks. ...