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Zimbabwe has launched an initiative to draft a regulatory framework for cryptocurrencies, aligning with global trends. The government’s open call for feedback targets all crypto service providers, including those outside the nation but serving local customers. Interested parties have until June 26 to submit their insights as part of this comprehensive review process.
Recently, the country has made significant financial reforms, introducing a gold-backed virtual token and launching a new currency, the ZiG, to stabilize its economy. These steps are part of a broader attempt to end years of economic instability and reconnect with international markets.
Facing a history of financial turmoil and debt, Zimbabwe’s proactive steps in understanding and integrating cryptocurrency operations demonstrate a move towards economic revitalization and global financial integration.
