Zimbabwe Banks to Offer Credit Products with State Digital Currency Backed by Gold
Banks in the South African country will be able to offer credit products using as collateral the newly issued state digital currency, secured by gold, announced the Zimbabwe Bankers Association. The digital money, the local central bank suggests, will eventually be used i ...
MRHB.Network Launches Halal and Ethical DeFi Products for the Islamic World
The MRHB.Network announced that the project team has been focused on creating so-called halal and ethical decentralized DeFI products for customers from the Islamic world for the past year. In 2022, MRHB launched three halal DeFi. ...
Zimbabwe Launches Gold-Backed Digital Currency Despite IMF’s Warning
Zimbabwean authorities issued a digital currency, providing it with a reserve of gold totaling 140 kg. And this despite a warning from the International Monetary Fund that this policy could deplete reserves. The central bank has al ...