The government of Zimbabwe has enacted the country’s first comprehensive digital asset regulation, mandating all cryptocurrency companies to register annually and pay a designated licensing fee. This pivotal move forms the nation’s inaugural legal framework for digital assets. Under the new regulations, all businesses operating in the buying, selling, transfer, or custody of virtual assets are required to register each year with the Financial Intelligence Unit. This agency, housed within the Reserve Bank of Zimbabwe, is responsible for anti-money laundering efforts.