After Banning Banks From Bitcoin, RBZ Warns Public. Governor ‘Says’ He Would Rather Follow Than Lead

By Tinashe Nyahasha

So after sending out a circular to banks prohibiting them from opening and continuing to hold accounts for individuals and entities that trade in bitcoin and the rest of cryptocurrencies, the RBZ has used the strongest of terms to warn all of us not to go near cryptos. This time the communique was signed by Dr John Mangudya, the central bank governor himself.

The Governor Says Zimbabwe Must Not Lead

The most interesting bit for me was at the end of the very long and verbose warning:

The Reserve Bank will continue to closely monitor regional and global cryptocurrency developments in order …read more

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