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The Financial Intelligence Unit (FIU) of the Zimbabwean central bank has mandated that all virtual asset service providers (VASPs) formally register with the regulatory body. New Legal Definitions The Reserve…
Zimbabwe has formalized and legalized its cryptocurrency sector under Statutory Instrument 99 of 2026. Global Compliance Pressure The Zimbabwean government has formalized the country’s cryptocurrency sector under a new regulatory…
Zimbabwe has launched a blockchain-enabled carbon credit registry to enhance transparency and restore investor trust after previous disruptions in the carbon credit market. In 2023, the country faced backlash for…
Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21…
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized…
The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified…
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine…
Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation.
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.
Zimbabwe's central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporates.