The Reserve Bank of Zimbabwe has ordered all financial institutions in the country to stop engaging in all cryptocurrency transactions immediately. In a circular issued to institutions, the regulator ordered commercial banks to sever any and all financial relationships with crypto-related firms such as exchanges in the next 60 days. According to local media, the central bank took the measure to protect the public and safeguard the integrity and soundness of the financial system. Trade Cryptos At Your Own Risk The circular was explicit as to the activities that will be prohibited henceforth, and they include maintaining accounts and trading withPowered by WPeMatico
