Zimbabwean crypto and economic experts have suggested Finance Minister Mthuli Ncube’s positive comments about cryptocurrencies do not necessarily mean monetary authorities are about to remove restrictions that were imposed in 2018. The Case for Blockchain Instead, the experts claim the remarks show that the government is only interested in aspects of blockchain technology that are beneficial to it. They insist, however, that because the Zimbabwean government — just like its peers in Africa — will not countenance ceding monetary control to anyone, it will not lift restrictions on cryptocurrency trading. The experts’ comments, which were published by Aljazeera, follow Ncube’s tweet in September which extolled cryptocurrencies. As previously reported by Bitcoin.com News, Ncube suggested in the tweet that cryptocurrencies could “lower charges for diaspora remittances.” The minister’s pro-crypto remarks are reiterated by Clive Mphambela, chief director of communications for the Minist
Official Bitcoin Latest News Blog 🗞️