Bitcoin is breaking all kinds of price records in cash-strapped Zimbabwe

Harare, Zimbabwe

Interest in bitcoin trade is soaring in Zimbabwe and so is the price of the crypto-currency, which hit new record highs of nearly $10 000 earlier this month in a worsening economy that the government is struggling to turn around.

Late on Monday (Oct. 23) Bitcoin prices traded around $9,600 on the Golix exchange platform in Zimbabwe. But this is only because the country is experiencing payment challenges and acute liquidity challenges. On other global bitcoin exchanges,...

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