カテゴリー: Styx24

Cryptogem Global Defies Zimbabwe’s Central Bank with New P2P Bitcoin Exchange

Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions. Also Read: French Lawmakers to Lower Cryptocurrency Tax by 6 Percent A Globalized Cryptocurrency Exchange “Cryptogem Global is a […]

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Bitcoin Trading Flourishes on Whatsapp Following African Exchange Closures

Bitcoin Trading Flourishes on Whatsapp Following African Exchange ClosuresGovernments in Africa simply cannot stop an idea whose time has come. In Zimbabwe, financial regulators banned cryptocurrency trading, and shut down two exchanges, thinking to have killed the ecosystem, only for Bitcoin to find a new life on Whatsapp. Kenyan authorities have sounded tough on virtual currency, warning banks and individuals against trading such, […]

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As Zimbabweans Struggle For Cash, Even The Country’s Only Bitcoin ATM Has Run Dry

As Zimbabweans Struggle For Cash, Even The Country's Only Bitcoin ATM Has Run DryThe Golix bitcoin ATM took on obvious importance when it was first introduced in the Zimbabwean capital Harare, early April. In a country without a currency of its own, where conventional automated teller machines (ATMs) have become useless due to a severe cash crisis, the bitcoin machine was seen as the new gateway to faster […]

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Golix Exchange Files Lawsuit Against Reserve Bank of Zimbabwe’s Cryptocurrency Ban

Golix Exchange Files Lawsuit Against Reserve Bank of Zimbabwe's Cryptocurrency BanOn May 13 2018, the Reserve Bank Of Zimbabwe (RBZ) issued guidelines in a circular that detailed cryptocurrency activities taking place within the country are now banned. The RBZ further stated that domestic digital currency operations had sixty days to become compliant. Local reports now reveal the Zimbabwe-based cryptocurrency exchange Golix plans to take the […]

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Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period

Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace PeriodZimbabwe’s central bank issued Circular to Banking Institutions No. 2/2018: Virtual Currencies, effectively banning all crypto activity in the African nation. Businesses dealing in decentralized currencies have 60 days to comply. Also read: India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now Zimbabwe Bans Crypto Issued 11 May, the Reserve Bank of Zimbabwe, […]

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Bitcoin Gaining Ground in Zimbabwe with a New Crypto Exchange and an In-Office BTC/USD ATM

Bitcoin Gaining Ground in Zimbabwe with a New Crypto Exchange and an In-Office BTC/USD ATMJust a few weeks ago, the Zimbabwean cryptocurrency exchange Golix gained its first national competitor when Styx24 opened its doors online. Almost simultaneously Golix introduced a Bitcoin ATM to its customers, accessible inside their offices in central Harare. Also read: Bitcoin Adoption Continues to Thrive Within Africa’s Borders Need US Dollar Bills In Zimbabwe? Got […]

The post Bitcoin Gaining Ground in Zimbabwe with a New Crypto Exchange and an In-Office BTC/USD ATM appeared first on Bitcoin News.

Bitcoin Gaining Ground in Zimbabwe with a New Crypto Exchange and an In-Office BTC/USD ATM

Bitcoin Gaining Ground in Zimbabwe with a New Crypto Exchange and an In-Office BTC/USD ATMJust a few weeks ago, the Zimbabwean cryptocurrency exchange Golix gained its first national competitor when Styx24 opened its doors online. Almost simultaneously Golix introduced a Bitcoin ATM to its customers, accessible inside their offices in central Harare. Also read: Bitcoin Adoption Continues to Thrive Within Africa’s Borders Need US Dollar Bills In Zimbabwe? Got […]

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