Zimbabwe

The government of Zimbabwe is actively seeking feedback on digital asset regulation as it embarks on creating its crypto framework while grappling with an inflation crisis.  The country hopes to create a regulatory structure tailored to its specific needs and market conditions.  Zimbabwe Consulting Crypto Firms According to reports, the government of Zimbabwe has already established a committee to engage with and gather information from crypto companies offering their services in the country. The deadline for comments on its policy…

The post Zimbabwe Joins The Crypto Race; Exploring Crypto Regulations appeared first on Coinpedia Fintech News To keep up with the global race, Zimbabwe is exploring comprehensive crypto regulations and is inviting public input to better understand and regulate the sector. The government seeks feedback from both local and international crypto service providers and the general public. Zimbabwe’s latest move signifies its proactive approach towards integrating digital asset governance. The government has formed a committee that will gather and analyze…

On the 16th of March 2020, the Reserve Bank of Zimbabwe (RBZ) announced its plan to implement new crypto regulations. The news comes after the central bank banned banks from processing crypto payments back in 2018. The local news report stated that the RBZ is already drafting a policy framework to guide crypto-related firms’ operations in Zimbabwe. Zimbabwe Central Bank’s Deputy Director on Crypto Regulation The deputy director of financial markets and national payment system at Zimbabwe’s central bank, Josephat…