Search

Can Zambia regulate cryptocurrency without stifling innovation in its financial markets?

Investors trading cryptocurrency on Binance. Photo @ Unsplash
Investors trading cryptocurrency on Binance. Photo @ Unsplash
  • Zambia begins regulating crypto sector
  • Firms must register by March 27

 

LUSAKA, ZAMBIA – Zambia’s central bank has launched a regulatory push to oversee cryptocurrency operators, marking a cautious step towards formal adoption of digital assets in its financial system.

The Bank of Zambia said it is working with regulators and stakeholders to develop a comprehensive framework for Virtual Asset Service Providers (VASPs), as the country seeks to position itself within the global digital economy while managing associated risks.

Recent Business

Oil rig. Photo by WORKSITE Ltd. @ Unsplash
Nigeria cuts petrol imports to $10bn as Dangote refinery reshapes trade
Read More »
Cairo, Egypt © Unsplash
Egypt targets 5.4% GDP growth as fiscal overhaul aims to cut debt
Read More »
Starlink terminal. Photo by Evgeny Opanasenko @ Unsplash
Why did Namibia reject Starlink despite demand for cheaper internet?
Read More »

Recent Politics

A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights