Zimbabwe Formalizes Crypto Sector Under New AML Regulatory Framework
By
Terence Zimwara
Summary
Zimbabwe has formalized and legalized its cryptocurrency sector under Statutory Instrument 99 of 2026, placing all crypto entities under the direct oversight of the Reserve Bank of Zimbabwe's anti-money laundering arm. The new regulatory framework aims to curb money laundering, enforce global AML compliance standards, and bring digital asset businesses out of the shadow economy.
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Key quotes
· 3 pulledThe Zimbabwean government has formalized the country's cryptocurrency sector under a new regulatory framework aimed at curbing money laundering
The newly gazetted legislation, published as Statutory Instrument 99 of 2026, places all crypto entities under the direct oversight of the Reserve Bank of Zimbabwe (RBZ)'s anti-money laundering arm
This regime aims at bringing the digital asset business out of the shadow economy
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