Zimbabwe's Largest Cryptocurrency Exchange Ordered To Shut Down

Last week Tuesday, the Reserve Bank of Zimbabwe (RBZ) sent a directive to Golix instructing them to cease all operations in relation to virtual currency exchange.

Techzim reports that before the directive to cease operations, RBZ directed Banks not to associate with Golix. The public was also told not to associate with them .

The RBZ gave banks 60 days to disassociate themselves with cryptocurrencies but in less than two weeks the central bank is trying to resolve this as swiftly as possible.