Good morning crypto-people :)
I hope that you will have a nice Wednesday.
Here are some recent news via Bitcoin.com:
The Reserve Bank of Zimbabwe (RBZ) is set to launch a gold-backed digital currency in early May as part of its de-dollarization efforts. The new digital currency will be pegged to Zimbabwe's domestic currency, the RTGS dollar, which is already in circulation. The RBZ aims to promote financial stability and reduce the country's reliance on the US dollar. This move comes as a response to the country's ongoing economic challenges, including high inflation and a weakening currency.
A US court has ordered the operator of a South African Bitcoin Ponzi scheme, Mirror Trading International (MTI), to pay over $3.4 billion in penalties and restitution. The scheme defrauded thousands of investors by falsely promising high returns on their investments, and the court found that MTI and its CEO, Johann Steynberg, violated the Commodity Exchange Act. The court's decision highlights the ongoing efforts of regulators and law enforcement agencies to crack down on fraudulent activities in the cryptocurrency space.
According to a report, Kenya's Revenue Authority (KRA) plans to impose a 1.5% digital service tax (DST) on revenue earned by cryptocurrency exchanges operating within the country. The move is part of the government's efforts to boost revenue collection from the digital economy. The KRA expects the DST to generate significant revenue, but some stakeholders argue that the tax could hinder the growth of the nascent cryptocurrency industry in Kenya.
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