Petition To Zimbabwean Parliament To Regulate And Not Ban Cryptocurrencies Launched

By Leonard Sengere

May 2018 proved to be a crazy month in the cryptocurrency world. Cryptocurrencies went from ‘allowed’ to ‘banned’ and back to ‘allowed’ all in the space of 12 days.

Governor John Mangudya and his friends at the Reserve Bank of Zimbabwe (RBZ) overstepped their authority and issued a directive banning the trading of cryptocurrencies. They went further and ordered Golix, the biggest cryptocurrency exchange in Zimbabwe to close shop.

Golix responded by taking the RBZ to court and the RBZ could not show up to argue its case. VaMangudya and friends knew they would be embarrassed …read more

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