Cryptocurrency

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<ul class="news-points">
 <li>Zimbabwe seeks public input on cryptocurrency regulations as it aims to develop policies for the virtual asset sector.</li>
 <li>A committee has been established to consult cryptocurrency operators in the country’s virtual asset ecosystem.</li>
 <li>The move comes as Zimbabwe grapples with financial instability, having recently launched a new currency and faced challenges with inflation.</li>
</ul>
Zimbabwe is gearing up to regulate cryptocurrency regulations, seeking public input to develop policies in the digital asset sector. In a statement published in the state-run Herald newspaper, the government revealed its intention to assess and understand the cryptocurrency <a href="https://www.bloomberg.com/news/articles/2024-06-12/zimbabwe-seeks-input-to-regulate-cryptocurrency-operations" target="_blank" rel="noopener noreferrer nofollow">landscape</a>. inviting comments from all cryptocurrency service providers operating within or outside the country but offering services to Zimbabwean customers. In line with global practices, the government has established a committee to consult with operators and compile their comments by June 26. The move by the southern African nation reflects a shift in sentiment towards digital assets, once viewed as highly speculative and risky.
While many nations remain hesitant to formulate a clear regulatory framework, Zimbabwe’s efforts…
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Zimbabwe Opens Consultation on Cryptocurrency Regulation

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