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Zimbabwe Mandates Crypto Firm Registration Under New AML Rules
Zimbabwe's FIU mandates all crypto firms register under new AML rules. Registration does not authorize commercial operations or protect against losses.
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The Financial Intelligence Unit of Zimbabwe's central bank is requiring all virtual asset service providers to register with the regulator under a new framework that formalizes crypto oversight.
The June 16 directive follows the Finance Act No. 7 of 2025, passed in December 2025, which amended Section 2 of the country's Money Laundering and Proceeds of Crime Act. That amendment brought virtual asset service providers into the statutory definition of a "financial institution."
Finance Minister Mthuli Ncube gazetted the Money Laundering and Proceeds of Crime (Virtual Asset Service Providers Registration) Regulations on June 10 under Statutory Instrument 99 of 2026. The law now requires any person or entity that exchanges cryptocurrencies for fiat, provides custody services, or offers financial services tied to digital assets to register with the FIU.
The FIU said the framework aims to align Zimbabwe with international anti-money laundering and counter-terrorism financing standards. The unit is the designated supervisory authority for enforcement.