Reserve Bank of Zimbabwe to Implement New Crypto Regulations in the Country

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…