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CBZ clinches digital currency deal

The Standard

    

March 22, 2020

AMERICAN firm Apollo Fintech has signed a memorandum of association (MoA) with CBZ Holdings to develop and operate three national financial solutions in Zimbabwe, among them, a gold-backed digital currency. Apollo is a world-famous blockchain technology provider with its own cryptocurrency called the “Apollo Currency”, which is valued at US$0.000830 per one coin.  Apollo Fintech and CBZ are developing a gold-backed digital currency, the American firm announced on Friday.

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