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Zimbabwe Imposes First Crypto Registration Rules With $500 Initial Fee

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Zimbabwe rolled out its first dedicated cryptocurrency rules, requiring crypto asset firms to register with the central bank's Financial Intelligence Unit or face potential prosecution. Initial registration costs $500, and annual renewal costs $400. The rules appear to leave Zimbabwe's 2018 bank prohibition in place while creating a registration channel for the informal crypto market. Chainalysis data shows Sub-Saharan Africa received more than $205 billion in on-chain value between July 2024 and June 2025.
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