Fintechs Are Airlifting Hard Currency As Zimbabweans Cling To US Dollars
Remittances from Zimbabweans living abroad have surged 16% to USD 823 M in the first half of 2024. Mobile money companies like Mukuru airlift millions of US dollars into the country every month.
Zimbabwe plans to come up with a crypto regulatory framework
Zimbabwe has launched a public consultation on cryptocurrency to recommend a regulatory framework for cryptocurrency service providers. A multi-stakeholder committee has been formed to consult with cryptocurrency ecosystem stakeholders.
Zimbabwe Invites Public Input As It Plans Policy For Cryptocurrency Regulation
Zimbabwe is asking for public input on cryptoasset operations as it works on regulatory policy for the sector. The government has set up a committee to consult operators in the virtual-asset ecosystem, and it wants comments by June 26.
