CZR embraces gold-backed digital tokens

Tanaka Makuwaza |  4 months ago | top

The Confederation of Zimbabwe Retailers (CZR) has expressed willingness to accept and use gold-backed digital tokens as a means of payment once they are available on the market. CZR President Denford Mutashu told Diamond FM that they will follow the government policy on gold-backed digital tokens in serving the interests of the consumers. Gold-backed digital tokens are digital currency issued by the Reserve Bank of Zimbabwe (RBZ) that are backed by physical gold reserves.