The latest update from Zimbabwe authorities has confirmed that the government is in consultation with the private market to legally adopt crypto payment services. According to local news, the exclusive Computer Society of Zimbabwe information communication technologies Summit saw the Permanent Secretary and Head of e-government Technology Unit in the Office of the President, Charles Wekwete ascertain that the authorities are undergoing talks with the private sector on how to implement crypto payments in routine use.
However, he also noted the drawbacks of the decentralized sphere including, unregistered cross-border movement, externalization of funds, money laundering, and illicit flow of funds to further finance illegal or criminal activities. Wekwete stated that the authorities are working towards carving out policies to protect the consumers as well as facilitate a better future of finance for the nation. Henceforth, the government has approached several sectors to acquire perspecti
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