A mining operation based in China and active in Zambia has secured approval to settle its tax obligations using Chinese yuan instead of local currency. This development signals a notable shift in how resource-extraction countries are handling payment arrangements with major mining operators. For the crypto mining sector, this move carries broader implications—it demonstrates how some jurisdictions are becoming more flexible with alternative payment methods and cross-border settlement options. As mining farms continue to expand into Africa and other emerging markets, the ability to transact in major reserve currencies could reshape operational economics and incentive structures. The Zambia case underscores a trend worth monitoring: how traditional resource economies and digital finance are gradually converging, creating new pathways for international commerce beyond conventional banking channels.

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0xInsomniavip
· 2h ago
Zambia's move this time is quite impressive, directly settling taxes in RMB... The traditional financial system is being gradually eroded.
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GasOptimizervip
· 01-04 22:49
Zambia's move is impressive, directly settling taxes in RMB... Traditional finance is going to cry.
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MevHuntervip
· 01-04 22:46
Zambia's move is quite bold, directly settling taxes in RMB... It seems the traditional financial system is being gradually eroded.
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LightningLadyvip
· 01-04 22:45
Wow, Zambia is directly paying taxes in RMB this time? This is truly a real overtaking on a bend.
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GateUser-a606bf0cvip
· 01-04 22:39
Zambia's move is brilliant, directly settling taxes in RMB... Is the traditional financial system panicking?
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DAOdreamervip
· 01-04 22:28
Zambia's move is clever, directly settling taxes in RMB... It feels like a little trick to bypass the US dollar.
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MysteryBoxBustervip
· 01-04 22:21
Zambia's recent move directly broke the defense—paying taxes in RMB? Is the traditional financial system panicking?
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