Global Stock News

Payments Firm, Wiremit, Reportedly Becomes First FIU Regulated Crypto Firm in Zimbabwe – BitKE

Payments Firm, Wiremit, Reportedly Becomes First FIU Regulated Crypto Firm in Zimbabwe – BitKE

Zimbabwean payments company, Wiremit, says it has become the country’s first regulated cryptocurrency firm marking a milestone in the government’s efforts to bring digital asset businesses under formal financial oversight.

The announcement follows Zimbabwe’s introduction of a dedicated regulatory framework for virtual asset service providers (VASPs) in June 2026. Under Statutory Instrument 99 of 2026, businesses involved in cryptocurrency trading, transfers, and custody must register with the Financial Intelligence Unit (FIU), the anti-money laundering arm of the Reserve Bank of Zimbabwe.

About 4 months ago, Zimbabwe has introduced its first dedicated regulatory framework for cryptocurrency businesses…

Source link

Share this article

Scroll to Top