Banks Close Down Golix Accounts

By Farai Mudzingwa

Earlier this month, the Reserve Bank of Zimbabwe instructed banks to stop holding accounts for cryptocurrency exchanges and to stop facilitating transfer of cryptos. The central bank gave the banks 60 days to halt activities but it seems the grip has been tightened as it now seems some of Golix’s bank accounts have already been frozen yet only nine days have passed since the directive was passed.

Something’s amiss…

We realised something wasn’t right when 3 days ago we received this email:

Not sure if the RBZ directive on cryptocurrency is the cause of this but it seems Golix not …read more

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