Zimbabwe's central bank launches new digital transacting currency
HARARE, Oct. 6 (Xinhua) -- Zimbabwe's central bank introduced on Thursday a gold-backed digital token as an additional payment method for domestic transactions.
The value of the digital currency, known as the Zimbabwe Gold (ZiG), "will be at par with the value of the physical Mosi-oa-Tunya gold coin and will remain informed by the international gold price," the Reserve Bank of Zimbabwe said in a statement.