Bitcoin Forum
September 18, 2018, 10:35:51 PM *
News: ♦♦ Bitcoin Core users must update to 0.16.3 [Torrent]. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Reserve Bank of Zimbabwe bans crypto trading  (Read 61 times)
coinpediaJordan
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
May 14, 2018, 10:26:52 AM
 #1

Reserve Bank of Zimbabwe (RBZ) said it has not licensed any person or company to deal, trade, buy, sell or invest in cryptocurrencies. Hence those trading would do so at their own risks.

Check out here: https://coinpedia.org/news/reserve-bank-of-zimbabwe-bans-crypto-trading/
1537310151
Hero Member
*
Offline Offline

Posts: 1537310151

View Profile Personal Message (Offline)

Ignore
1537310151
Reply with quote  #2

1537310151
Report to moderator
1537310151
Hero Member
*
Offline Offline

Posts: 1537310151

View Profile Personal Message (Offline)

Ignore
1537310151
Reply with quote  #2

1537310151
Report to moderator
Make a difference with your Ether.
Donate Ether for the greater good.
SPRING.WETRUST.IO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537310151
Hero Member
*
Offline Offline

Posts: 1537310151

View Profile Personal Message (Offline)

Ignore
1537310151
Reply with quote  #2

1537310151
Report to moderator
1537310151
Hero Member
*
Offline Offline

Posts: 1537310151

View Profile Personal Message (Offline)

Ignore
1537310151
Reply with quote  #2

1537310151
Report to moderator
davis196
Hero Member
*****
Offline Offline

Activity: 966
Merit: 515


View Profile
May 14, 2018, 11:30:43 AM
 #2

Reserve Bank of Zimbabwe (RBZ) said it has not licensed any person or company to deal, trade, buy, sell or invest in cryptocurrencies. Hence those trading would do so at their own risks.

Check out here: https://coinpedia.org/news/reserve-bank-of-zimbabwe-bans-crypto-trading/

Oh,no.What are going to do without Zimbabwe?I'm pretty sure the whole cryptoworld is shocked by these news. Grin Perhaps this was the main reason for the current bitcoin price decrease.
The national currency of Zimbabwe is pretty stable(sarcasm),so we shouldn`t worry about them. Grin

Script3d
Hero Member
*****
Offline Offline

Activity: 728
Merit: 503



View Profile
May 14, 2018, 12:24:23 PM
 #3

crypto currency solves the inflation of zimbabwe currency and they're banning. the country must be full of corrupted politicians i feel really bad for people who live there. but i feel it still useless because alot of people dont have internet there and they cant afford, i dont know im probably wrong.

        ▄▄███████████▄▄
     ▄██▀▀           ▀▀██▄
   ▄█▀   ▄▄█████████▄▄   ▀█▄
  █▀  ▄███████▌ █▌ █████▄  ▀█
 █▀  ██  ██         ▀█████  ▀█
▐█  ██▀▀█████   ▄▄▄   █████  █▌
█▌ ▐██▄▄████▌  ████   █████▌ ▐█
█  ███  ████        ▄███████  █
█▌ ▐█▀▀████▌   ▄▄▄  ▀██████▌ ▐█
▐█  █▄▄████   ████   ▐█████  █▌
 █▄  ████           ▄█████  ▄█
  █▄  ▀████  ███  ██████▀  ▄█
   ▀█▄   ▀▀█████████▀▀   ▄█▀
     ▀██▄▄           ▄▄██▀
        ▀▀███████████▀▀
bitcore.
...The Future Is Now...
▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄

        ██
██████
        ██
        ██████
        ██
██████
        ██
        ██████
        ██
██████
                 ▄▄██
 ▄██████████████████████▄
█▀         ▄▄██▀▀   ██  ▀█
█▄     ▄▄██▀▀        ██  █
█▀█████████████████████████▄
█                          ▀█
█                           █
█              ▄████▄       █
█             ██▀  ▀██      █
█            ▐█▌    ▐████████
█             ██▄  ▄██      █
█              ▀████▀       █
█                           █
█▄                         ▄█
 ▀█████████████████████████▀
.
iOs
Android

        ██
        ██████
        ██
██████
        ██
        ██████
        ██
██████
        ██
        ██████


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███               ███
▐██   ▐█▄   ▄███▄   ██▌
██▌    ███▄██████▀  ▐██
██▌    ▐████████    ▐██
▐██     ▐██████     ██▌
 ███   ▀█████▀     ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███       ▄███    ███
▐██       █████     ██▌
██▌       ███       ▐██
██▌     ███████     ▐██
▐██       ███       ██▌
 ███      ███      ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███         ▄▄█▌  ███
▐██      ▄▄█████    ██▌
██▌   ▄████████     ▐██
██▌  ▐████████      ▐██
▐██    ▀▀████       ██▌
 ███     ▀██       ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀
Website
ANN
Block Explorer
zhekinsp
Full Member
***
Offline Offline

Activity: 420
Merit: 111



View Profile
May 14, 2018, 12:53:47 PM
 #4

crypto currency solves the inflation on zimbabwe currency and they're banning. the country must be full of corrupted politicians i feel really bad for people who live there. but i feel it still useless because alot of people dont have internet there and they cant afford, i dont know im probably wrong.
The corrupted countries don't care about the citixen of their country all they want to increase their bank balance as much as they can but it is big blow for that if people involved crypto trading from that country but I don't think they were too many so it doesn't affect the crypto field anyway.

Msile
Hero Member
*****
Offline Offline

Activity: 588
Merit: 503


XinFin-Connecting Blockchain to the Real World


View Profile
May 14, 2018, 12:59:30 PM
 #5

Countries like India and China have explored this route before and in Africa, Kenya’s regulator has also taken a hard stance against cryptocurrencies. They are all meant to be measures against potential risks in a new space.

Now Zimbabwe is following the same path.

         ╓╥ ,╦╣▌"       ,╔╗▄▄▄▓▓▓▒▄▄╦╗,       ╙╫▌╗  ╔,
        ╔█Hj╫╝`     ╓▄▓██▓╨▓█▓Ü█Ñ`║█▓███▓▄w     ╙╝▀H╙█H
     ,φ ╣M ╓╓╥w  ,╗▓███████Å╨╙╨█▀╙╨▓████████▄,  ╓╥w, ╙Ñ ╗
     ╫█  ╝╝╩╨` ,▄██████▌░╣Ñ    ▓M `▀▓█▒░╚▀▓███▓. "╙╝╝M  █▒
  ╔╗ ║M,╗▄╫▀" ╔▓█████▓╦╬▄█▄╦╦╦╗█▌╦▄▓████▄▄▓█████╗ ╙╝╫▄╗,╙M ╗m
  ╠█H  "╓╥   ╔▓█▓██M    ▓▀     ▓Ñ║████████████╨╩▓▄   ╥░"  ╔█M
   ▀M╓╬▓▀`   ╫ÑÑ ╟▌     ▓H     ▓Ñ╫█████████████▄╙▓H  `▀▓▄ ╟▀
j▓╗  ``╓╦   ]▓w╫▓▓▌╓╓╓╓╔█╦╓╓╓╓╓▓▄╓╫████████████▓╦▓H  :╗w``  ╔▓
 ╙▓N ╔▓▌"   "▓╨``╫█▌Ö░`╙█░````"█Ñ`````▓▌"▓█████╨"▓H   ╙▀▓╦ ╬▓╨
 ╗╦` ``╓▄M   ╫Ñ  ╚████▓▄█H     ▓M     ▓Ñ ,████▌ ╔▓`  j▄,`` `╔╦
 ╙▓▓. ╔█▌    ╙▓φ.]▓███████▄▄╗.,▓N....╔▓░.╟███▓`,╣M    ╣█U ╓▓▓╛
   ╙M Φ╨╔▓H   ╙▓▓╨╜████████▓╨╙╙█▀╙╙╙╙▓▓╨╙╜██▀╙╣█M   j▓╕╙▀ ╨╨`
 ╫▄╦,  :▓█`    `╝Φw╙╣▓████▌`   ▓M   ╔▓`  ╓▓M,▄▌`    `█▓   ╓╦▄M
  ╙▀▓▌.j▓` ╗U    `╝╫▄▓███▓▓▄╥╥╥█▄╥╥╔▓▄╥╥╬█▄╬▀`    ║▄ ╙▓ ╔╣▓▀"
    ╓,,   j█▌ ╓,    `╝▀██▓▄╫▓░`▓M,╫▓Ü╫██▓▀"`   ╓, ╣█m   ,,╓
    ╙▀██▄, ▓M ╫█N ╦,    `"╙╝▀▀▀▀▀▀▀Å╨""    ╔╗ ╔█▒ ╚▓ ╓▄▓█▀"
       `""    ╙█▒ ╣█U ║▄,             ╓▄H ╔█▌ ╫█M    ""`
       ╚╫▓█▓▄▄,"` ╙█▌ ║█▓            ,▓█M ▓█M "`╓╗▄▓█▓▌H
         ``"╙╙"    ╙╨  ╣█H     Φm    ╚█▌  ╨`    ╙╙╙"``
           '╩▀▓▓▓▀M     "   "Φ▓██ΦM   "    '╩▀▓▓▓▀╩
                ╓▄▄▓██▓M     ╔▀╩▀N     ╚▓██▓▓▄,
                """"`                     `""""
.
XinFin


.
.
.
.
Twitter LinkedIn
━━  Telegram  ━━
Youtube    Reddit
.
jhache
Full Member
***
Offline Offline

Activity: 416
Merit: 100


einc.io


View Profile
May 14, 2018, 01:07:07 PM
 #6

The moves by Zimbabwe’s central bank are particularly unfortunate for local cryptocurrency users, as many of Africa’s underbanked population use the coins to pay for transportation, buy food, and top-up cellphones. It seems to be an attempt at consolidating power, as the decentralized nature of cryptocurrencies has allowed them to become alternatives to weak, local fiat currencies that are facing rampant inflation.

no0dlepunk
Sr. Member
****
Offline Offline

Activity: 476
Merit: 258

I AM CASHLESS!!!!


View Profile
May 14, 2018, 01:38:33 PM
 #7

I was never surprised by this news or whatever you wanna call it. Last year, I sold bitcoins to zimbabwe with a double price against poloniex, therefore it is obvious that their community had exit fiat via bitcoin... no wonder that their government will do such announcement like this nowadays.

███████████████████████▄▄▄
████████████████████████████▄▄
███████████████████████████████▄
████████ ▀█▀▀▀███████████████████
██████ ▀█▄     ▀████▌    █████████
███████▄      ▄██▀▀█▌    ██████████
███████     ▄██▀   █▌    ██████████
███████    ▐█▀     █▌    ██████████
███████    ▐█     ▐██    ██████████
███████    ██▌         ▄ ▀█████████
███████             ▄▄ ▀█▄████████
███████████████████████▄█████████
███████████████████████████████▀
████████████████████████████▀▀
███████████████████████▀▀▀
Digiwage
▬▬▬▬▬▬▬   ANN  Whitepaper  Twitter  Discord  Reddit   ▬▬▬▬▬▬▬
Decentralized Freelance Workplace










███████████████████████▄▄▄
████████████████████████████▄▄
███████████████████████████████▄
████████ ▀█▀▀▀███████████████████
██████ ▀█▄     ▀████▌    █████████
███████▄      ▄██▀▀█▌    ██████████
███████     ▄██▀   █▌    ██████████
███████    ▐█▀     █▌    ██████████
███████    ▐█     ▐██    ██████████
███████    ██▌         ▄ ▀█████████
███████             ▄▄ ▀█▄████████
███████████████████████▄█████████
███████████████████████████████▀
████████████████████████████▀▀
███████████████████████▀▀▀
Join our
Workplace










Red Fish
Sr. Member
****
Offline Offline

Activity: 437
Merit: 251


View Profile
May 14, 2018, 02:12:02 PM
 #8

African banks are very small and therefore do not play important role in the whole world banking. Even if the largest banks will say something about crypto, it will also most probably will not affect crypto users, because crypto currencies are now playing its own role in the whole world.
EugeneReigns
Jr. Member
*
Offline Offline

Activity: 196
Merit: 1

Express Gratitude With Merit


View Profile
May 14, 2018, 03:35:39 PM
 #9

Don't that any news from Zimbabwe can affect the course of cryptocurrency market. African countries are not playing any decisive role in this sphere. So, I think this news is not a reason to worry. Zimbabwe's are the only people that can get affected by this ban.

UCHAIN
The Next Generation Distributed Smart Network: Blockchain for the Sharing Economy
https://uchain.world/
ss890
Sr. Member
****
Offline Offline

Activity: 574
Merit: 263



View Profile WWW
May 14, 2018, 05:03:31 PM
 #10

Licensed? Really, I dont think there is any country who give license individually to do the trading. I mean in my own country I dont have permission to use the crypto currencies as they declared it as legal tender. But learn one thing that its not like that I cant trade or buy them but thats just my own risk and if something goes wrong then I cant take any legal action for my losses. Thats what this whole things means and nothing else. So banning of like that way doesn't hamper the crypto currencies.

airdropan
Member
**
Offline Offline

Activity: 294
Merit: 11

♦♦♦♦♦


View Profile
May 14, 2018, 05:55:54 PM
 #11

well from the beginning they do trading with their own risk
so what licensed do at this thing? i dont get it  Huh

renes
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250



View Profile WWW
May 14, 2018, 05:56:38 PM
 #12

Licensed? Really, I dont think there is any country who give license individually to do the trading. I mean in my own country I dont have permission to use the crypto currencies as they declared it as legal tender. But learn one thing that its not like that I cant trade or buy them but thats just my own risk and if something goes wrong then I cant take any legal action for my losses. Thats what this whole things means and nothing else. So banning of like that way doesn't hamper the crypto currencies.

It might be about cryptocurrency exchanges, they probably don't take a special license for that but they don't start a company for exchange because of this ban. Individuals still trade their coins in cash but there is risk for sure.

▄▄▄████████▄▄▄
▄▄██████▄▄▄▄▄▄██████▄▄
▄████▄▄████████████▄▄████▄
▄███▄████████████████████▄███▄
███▄████████████████████████▄███
███▄██████████████████████████▄███
███▄█████▀██▀██████████▀██▀█████▄███
▄████████████████████████████████████▄
█████████████████▀██▀█████████████████
██████████████████████████████████████
██████████████████████████████████████
█████████████████████████████████████
▀███████████████████████████████████▀
███▀███████▄▄███▄▄█▄███▄▄███████▀███
███▀██████████████████████████▀███
███▀████████████████████████▀███
▀███▀████████████████████▀███▀
▀████▀▀████████████▀▀████▀
▀▀██████▀▀▀▀▀▀██████▀▀
▀▀▀████████▀▀▀
 
pigzbe
 


















 
A piggy-wallet™ not a piggy bank
A tangible digital piggy-wallet for children age 6 and up.
    ▄▄██████████████████████████████▄▄
 ████████████████████████████████████
██████████████████████████████████████
██████████████████████████████████████
████████▄██▄█████▄▄▄▄█████▄██▄████████
████████▀██▀██▄████████▄██▀██▀████████
█████████████▄████████▄█████████████
████████████████████████████████████
█████████████▀████████▀█████████████
██████████████▀████████▀██████████████
█████████████████▀▀▀▀█████████████████
 ████████████████████████████████████
  ▀▀██████████████████████████████▀▀
 
Whitepaper   |   One Pager
powered by Wollo - a family-friendly cryptocurrency
  FACEBOOK
TWITTER
TELEGRAM
coinwizard_
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
May 14, 2018, 06:42:46 PM
 #13

Will it really stop them trading?! I'm sure most of the economy is based on market sellers via non taxable cash economy. To ban bitcoin is just a statement but kind of meaningless. I'm sure the government is hiding a secret stash of bitcoins to hide their wealth.
TTITA
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
May 14, 2018, 07:02:22 PM
 #14

Although it is true that this news, it seems not to be much affect the conditions in the market. the consensus that is being held is now of more concern by market participants. Plus Zimbabwe does not have much important role in the world of crypto, so I think this news will pass.
Koadharber
Hero Member
*****
Offline Offline

Activity: 784
Merit: 500



View Profile
May 14, 2018, 07:08:11 PM
 #15

Reserve Bank of Zimbabwe (RBZ) said it has not licensed any person or company to deal, trade, buy, sell or invest in cryptocurrencies. Hence those trading would do so at their own risks.

Check out here: https://coinpedia.org/news/reserve-bank-of-zimbabwe-bans-crypto-trading/
Not a surprising thing. If we do talk or stick into talking about on what kind of government they do have then its somehow expected for this kind of decision that they do made when it comes to involving its citizens to crypto.If trading is banned or prohibited then its sad for those people who do make such activity into that country. What would I expect into that kind of governance specially Zimbabwe?

.......PLAY MOBILE GAMES MINE ......
███     CRYPTO-TOKENS EARN REAL MONEY      ███
                    ▄▄██▄▄
                ▄▄██████████▄▄
            ▄▄███████▀▀▀████████▄
         ▄███████▀▀        ▀███████▄▄
     ▄▄███████▀      ▄▄▄▄      ▀███████▄▄
     ███████▄      ▒███████▄▄     ▀▀█████
      ▀▀███████▄▄     ▀▀███████▄▄     ▀▀█
          ▀▀███████▄▄     ▀▀███████▄
     ██▄      ▀███████▄▄      ▀████████▄
    ▐█████▄▄      ▀███████▄▄      ▀██████
      ▀███████▄▄     ▀▀███████▄▄     ▀▀██
         ▀▀███████▄▄     ▀▀███████▄▄
    ▐█▄▄     ▀▀███████▄      ▀▀███████▄▄
    ▐█████▄      ▀████████▄      ▀███████
     ▀███████▄▄      ▀█▀▀      ▄████████▀
         ▀███████▄▄        ▄▄███████▀
            ▀▀███████▄▄▄▄███████▀▀
                ▀▀██████████▀▀
                    ▀▀██▀▀
.
    
        █░████████████████████   █░████████████████████            ██████░           ██████                  ████░░  ████████████████████  ███░████ ███████░ ███   ░███           
       ██████░░░░░░░░░░░░░░░░    ░██░██░░░░░░░░░░░░░░░           ░████░██░░          ███████░              ██████░░  █████░░░░░░░░░░░░░░   █████░   ██████░  ███   ░██░           
       █████                     ░██░█                          ████░█░█████         █████████            ███████░░  █████                 ███░     ███ ░███ ████ ░███            
       ░░████░░░░░░░░░░░░░███    ░██░█                         █████░   █████        ██████████░         ░██░████░░  █████░░░░░░░░░░░░░█░  ███░     ███  ░███ ░██████             
         ██░█████████████████░█  ░██░█             ███░█     ░█████      █████░      █████ ████░█      ██████ ███░░  ██████████████████░░                                         
                          █████  ░██░█             █████    █░██░█        ░░████     █████  █░████   ░█████   ███░░  █████                                                        
                          █░███  ░██░█             ░████   ██████          ░█████    █████   ░██████████░█    ███░░  █████                                                        
        ██████████████████░████  ███████████████████████ ░█████              ██████  █████     █░███████░     ███░░  ████████████████████                                         
       ░██████████████████████    █░████████████████░█░ ██████                ██████ █████      ░██████       ███░░  ████████████████████ 
.

▄▀▀▀▀▀▀▀▀▀▀▀▄
█   ▄▄▄▄▄▄   ██▄
█  ▓▓▓▓▓▓▓▌  ████▄
█  ▓▓▓▓▓▓▓▌  ███████▄
█  ▓▓▓▓▓▓▓▌  ▐▓███████▄
█              ▀▀▀▀▀▀▀▀█
█  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
█                      █
█  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
█  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄  █
█                      █
█  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
█                      █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.

                              ▄████▄
                        ▄▄█████▀▀███
                    ▄▄████▀▀     ███
              ▄▄▄████▀▀    ▄▄   ▐██
          ▄▄█████▀       ▄█▀    ██▌
     ▄▄████▀▀▀       ▄███▀      ██▌
    ████▀        ▄▄████▀       ▐██
     ██████▄▄  ▄█████▀         ██▌
          ▀████████           ▐██
            ▀████▌            ███
             ▀███  ▄██▄▄     ▐██▀
              ███▄███▀███▄   ███
              ▀███▀▀   ▀▀███▄██▌
                          ▀▀█▀▀
okala
Full Member
***
Offline Offline

Activity: 420
Merit: 100


Earn crypto for being contacted


View Profile
May 14, 2018, 09:21:45 PM
 #16

Reserve Bank of Zimbabwe (RBZ) said it has not licensed any person or company to deal, trade, buy, sell or invest in cryptocurrencies. Hence those trading would do so at their own risks.

Check out here: https://coinpedia.org/news/reserve-bank-of-zimbabwe-bans-crypto-trading/
That is not banning of cryptocurrencies and they are just give warning to there citizens because they did not give approvals to cryptocurrencies and it is not issues by them.  This warning is expected from every country since they did not linence any coin in cryptocurrencies market.

Qartersa
Hero Member
*****
Offline Offline

Activity: 868
Merit: 535


View Profile
May 14, 2018, 09:33:52 PM
 #17

Not sure if real news or OP is just promoting his/their website. Seems like the latter though. I've been seeing these kinds of posts lately where these kinds of people are posting some random news just to promote their blog or news website.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!