- In line with global trends and best practices, Zimbabwe is embarking on an exercise to assess and understand the crypto-currency (also referred to as virtual assets) landscape in Zimbabwe. The purpose of the exercise is to, among other things:
- determine the nature and extent of the crypto-currency ecosystem in Zimbabwe;
- assess and understand the risks of crypto currencies being misused for money laundering, terrorism financing and other illicit purposes; and
- to recommend an appropriate regulatory framework for crypto-currency and crypto currency service providers.
- Crypto-currency service providers include; any company, partnership, trust, individual or business that provides blockchain, crypto-currency or crypto-currency services, including (but not limited to) custodial and non-custodial crypto-currency wallet hosting, crypto-currency exchanges, crypto-currency traders and brokers, cryptocurrency management providers, initial coin offering providers, crypto-currency investment providers, crypto-currency validators/miners/administrators, crypto-currency developers and crypto currency payment solutions.
- As part of the assessment process, government has constituted a multi-stakeholder committee and mandated it to consult stakeholders in the crypto-currency ecosystem.
- The Committee is, therefore, inviting all crypto-currency service providers whether operating in Zimbabwe or based outside Zimbabwe, but providing services to customers in Zimbabwe, to provide input into the national assessment process by answering the questionnaire accessible through the following link:
https://forms.office.com/r/56ghZ0W5He
- To ensure a comprehensive and timely assessment, we kindly request that you submit the completed questionnaire by Wednesday 26 June 2024.
- For further information please contact us via email at [email protected]
National Risk Assessment Coordination Committee