Bitcoin traders in Zimbabwe and South Africa are seeing skyrocketing premiums on their bitcoin (BTC), according to a report from financial news outlet Fxstreet on July 2.
Amid new capital controls in South Africa and Zimbabwe’s recent ban on local trading in foreign fiat currencies, local traders have reportedly seen asking prices of as high as $50,000 per 1 BTC if they attempt to purchase the coin from abroad.
Full article :
https://cointelegraph.com/news/is-bitcoin-really-selling-for-76-000-in-zimbabwe