The Zimbabwean government has introduced its first dedicated crypto law, Statutory Instrument 99 of 2026, which took effect immediately. The Reserve Bank of Zimbabwe's Financial Intelligence Unit is now responsible for overseeing every cryptocurrency business in the country.
Registering with the FIU costs $500 per year, and failing to do so is a criminal offense. Businesses must also follow anti-money laundering (AML) and countering the financing of terrorism (CFT) rules.
The compliance requirements are similar to those for traditional banking, which was a deliberate choice by the RBZ. The law applies to exchanges, wallet providers, custodians, and even entities that control smart contracts or fund routing.