Coin Circle Network News reports that Zimbabwe has issued its first set of specialized regulatory rules for the cryptocurrency industry. Companies involved in digital asset trading or custody are now required to register annually with the country’s anti-money-laundering agency, the FIU, and pay an annual fee of $500. Operating without a license will be officially defined as illegal. The “underground” crypto market that has been active on P2P platforms for a long time. Chainalysis data shows that from July 2024 to June 2025, the value of on-chain transactions in Sub-Saharan Africa exceeded $205 billion, a 52% year-over-year increase.

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VolcanicMonolith
· 4h ago
With 205 billion in transaction volume right here, regulation may have come a bit late, but it’s still better than staying stuck in permanent gray. I’m curious how many underground money houses this $500 can stop.
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DegenLibrarian
· 4h ago
FIU charges $500 every year, just like a protection fee; compliance costs will be passed on to users, right? African retail investors already have few options.
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GateUser-0d1088ad
· 4h ago
Zimbabwe has finally moved from “wild” operations to official status. A $500 annual fee may barely register for retail investors, but it’s a dimension-shifting blow for P2P little operators running off-the-books “workshop” setups.
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