This jurisdiction has evolving or restrictive regulations that require careful compliance. Additional licensing, reporting, or operational constraints may apply.
Zimbabwe Cryptocurrency Regulatory Overview
Zimbabwe lifted crypto ban in 2024 and is developing regulations.
Zimbabwe Blockchain Compliance Requirements
Reserve Bank of Zimbabwe is developing regulatory framework.
Crypto Licensing Requirements in Zimbabwe
Mandatory licensing is required for all Virtual Asset Service Providers (VASPs), including exchanges, custodians, and token issuers. The process involves submitting a detailed business plan, governance structures, and comprehensive AML/CFT frameworks for a 'fit and proper' assessment by the SECZ.
Cryptocurrency Tax Treatment in Zimbabwe
Taxation is based on existing laws, but specific provisions for cryptocurrency transactions (e.g., capital gains rates on crypto) were not explicitly detailed in the 2025 tax legislation, leading to some uncertainty.
Crypto Banking Access in Zimbabwe
Very limited.
Official Sources & Regulatory References
AML/CFT requirements may be stringent or evolving. Enhanced due diligence may be required.
Enforcement actions may be unpredictable or strict. Monitor regulatory developments closely.
Disclaimer: This information is provided for general guidance only and should not be considered legal advice. Regulations change frequently. Always consult with qualified legal professionals in the relevant jurisdiction before making business decisions.