Zimbabwe Is Not In Good Company When It Comes To Banning Cryptocurrency Trading

By Leonard Sengere

It may seem like all we are talking about is the Reserve Bank of Zimbabwe’s (RBZ) ban on cryptocurrency trading lately. I believe we have good reason to do that. That kind of decision making by the RBZ needs to be nipped in the bud.

This is not necessarily because we believe in cryptocurrencies but rather in innovation and new technologies. We cannot outlaw technologies simply because we do not understand them. The RBZ wants other countries to come up with their own regulation so that we can copy. We cannot condone the follower mentality, …read more

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