business
Zimbabwe moves to regulate cryptocurrency sector
Key takeaways
- HARARE, June 12 (Reuters) - Zimbabwe s government said on Friday it will require cryptocurrency businesses to register and pay annual fees, as it seeks to bring the largely informal market under regulatory oversight.
- Registration will cost $500 per year, and operating without it is now an offence.
- The regulations are Zimbabwe s first dedicated rules for a sector that has long operated without a legal framework, largely underground.
Zimbabwe moves to regulate cryptocurrency sector FILE PHOTO: Illustration shows representation of cryptocurrencies · Reuters Chris Takudzwa Muronzi and Colleen Goko Fri, June 12, 2026 at 10:24 PM GMT+7 2 min read By Chris Takudzwa Muronzi and Colleen Goko
HARARE, June 12 (Reuters) - Zimbabwe s government said on Friday it will require cryptocurrency businesses to register and pay annual fees, as it seeks to bring the largely informal market under regulatory oversight.
Businesses involved in buying, selling, transferring or safeguarding virtual assets must register each year with the Financial Intelligence Unit (FIU), an anti-money laundering body housed within the central bank, under regulations issued by Finance Minister Mthuli Ncube.
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