BREAKING: Golix Challenges The Reserve Bank Ban Of Cryptocurrency At The High Court

By Tinashe Nyahasha

No surprise really, I was expecting the Reserve Bank of Zimbabwe to be challenged in court for their directive that effectively banned cryptocurrency in Zimbabwe. The central bank did not just instruct banks to stop facilitating any cryptocurrency linked transactions but they also directed the general public to stay away from cryptos. Now, it has emerged they wrote Golix and possibly other cryptocurrency startups telling them to wind up. Golix has had some of it’s bank accounts closed.

Such pronouncements attract legal fights and we have one at our hands now. Golix’s challenge is on three arguments:

Does …read more