Foresight News, according to Bloomberg, the Central Bank of Zimbabwe is considering the possibility of providing loans using newly issued gold-backed digital tokens as collateral. The Zimbabwe Bankers Association said the central bank envisages using it as a medium for daily transactions in the future to expand the range of financial services provided.
Foresight News previously reported that the Central Bank of Zimbabwe will issue gold-backed digital tokens on May 8, and will issue another batch of gold-standard digital currencies on May 18.