Zimbabwe Caps Gold-Purchase Support at $300M
The policy ties Zimbabwe's state-backed commodity exposure to a fixed fiscal commitment as gold prices fluctuate.
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The policy ties Zimbabwe's state-backed commodity exposure to a fixed fiscal commitment as gold prices fluctuate.
A $500 annual registration with the central bank's anti-money laundering unit formalizes the asset class, but leaves the door open for a sovereign Bitcoin reserve debate.
The new rules are the country's first dedicated crypto regime, channeling a decade of peer-to-peer trading into the formal system with a $500 annual fee designed to pull traders in rather than price…