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Zimbabwe Moves to Regulate Cryptocurrency Sector

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Zimbabwe's government has introduced new regulations for the cryptocurrency sector, requiring crypto businesses to register with authorities and pay annual licensing fees. The move is aimed at bringing the largely informal digital asset market under formal regulatory oversight, improving transparency, and strengthening compliance measures. Authorities say the framework is intended to support innovation while addressing concerns around financial crime, consumer protection, and market stability. Speaking to Tsepiso Makwetla, Zimbabwean researcher and political economist Kevin Tutani said the regulations mark a significant shift in the country's approach to digital currencies and could help create greater certainty for investors and businesses operating in the sector.

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