The Central Bank of Zimbabwe has launched a survey on the need to create its own digital currency. The regulator is interested in how citizens would like to see the state stablecoin, what they think about its risks and benefits.
To start, Zimbabweans are asked to explain how they think regular fiat currency differs from CBDC. Survey participants should say whether they plan to use the central bank's digital currency if launched, and if not, why not.
One of the questions is whether people plan to stop using crypto assets if they become owners of the state cryptocurrency. At the same time, citizens are asked to evaluate how important confidentiality and transparency of settlements, as well as the speed of transactions, are for them.
Residents of Zimbabwe have until December 7 to fill out a special form. The information obtained during the survey will remain confidential, the officials promise. The Central Bank uses a survey to find an answer to the question: what should be the digital Zimbabwean dollar and whether it is worth launching it at all.
A few years ago, the Central Bank of Zimbabwe was strongly opposed to cryptocurrencies and stated that it did not recognize bitcoin as legal tender. However, last year, the country's finance minister proposed investing in bitcoin at the state level to find new export markets.
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