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🇿🇼 BREAKING: Zimbabwe just launched its FIRST-EVER crypto regulations.
Every crypto business must now register annually with the Reserve Bank's Financial Intelligence Unit.
– $500 to register, $400/year renewal
– Operating unregistered = criminal offence
– Applies to exchanges, custody & transfer services
After banning banks from crypto in 2018, Zimbabwe is finally bringing the market out of the shadows.
And the bar is LOW. Nigeria demands ~$367K in reserves. Zimbabwe wants just $500.