Zimbabwe Legitimizes Cryptocurrency Industry with New Regulations on Compliance and Oversight

Zimbabwe Regulates Cryptocurrency Landscape

In a significant regulatory move, Zimbabwe has officially regulated its cryptocurrency landscape through the enactment of Statutory Instrument 99 in 2026. This new legal framework targets the reduction of money laundering and aims to transition the digital asset sector from informal to formalized operations.

Key Features of the Legislation

The legislation requires all cryptocurrency-related businesses to operate under the supervision of the Reserve Bank of Zimbabwe (RBZ), specifically its anti-money laundering division.