Zimbabwe Banks Explore Gold-backed Digital Tokens as Loan Collateral

In an effort to modernize its financial systems and expand lending options, banks in Zimbabwe are considering the use of the newly released gold-backed digital tokens as collateral for loans. This move comes as the country’s central bank aims to establish a digital currency that can be used for everyday transactions, prompting financial institutions to The post Zimbabwe Banks Explore Gold-backed Digital Tokens as Loan Collateral appeared first on Coin Edition .