Zimbabwe maintains a restricted stance on cryptocurrency, with the Reserve Bank of Zimbabwe (RBZ) issuing a circular banning crypto dealings since 2018. There is no explicit regulatory framework supporting crypto activities, and the central bank continues to restrict crypto transactions.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | africa south |
| Currency | ZWL |
| Capital Gains (Personal) | 20% CGT on specified assets |
| Capital Gains (Corporate) | 24.72% corporate tax |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax framework. The RBZ ban makes formal taxation moot for most activities.
| Required | Yes |
| Regulator | RBZ |
| Framework | RBZ circular banning crypto dealings (2018) |
RBZ has maintained its ban on financial institutions facilitating crypto. Despite this, crypto adoption is significant due to currency instability.
RBZ enforces banking prohibition on crypto services.
| Status | Research |
| Name | Zimbabwe CBDC |
| Issuing Authority | Reserve Bank of Zimbabwe |
| Model | retail |
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | partially_compliant |
| FATF Body | APG |
| Suspicious-Activity Reporting | Yes |
Status: Restricted
DeFi activities are effectively restricted due to the overall ban and lack of regulatory support for crypto assets.
Status: Restricted
Stablecoins are not explicitly regulated but fall under the general crypto restrictions imposed by the RBZ.
Status: no_rules
No regulation.
| Legal | No |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 15% |
| Infrastructure | fair |
Crypto mining is restricted by the RBZ circular; electricity costs are relatively high and infrastructure is moderate, limiting large-scale mining operations.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 26/100 |
| Banking Access | restricted |
| Sanctions Program Active | No |
Risk Factors
Zimbabwe faces economic challenges including currency instability and capital controls. Political stability is moderate with occasional unrest. Banking access for crypto businesses is restricted.
Zimbabwe maintains a restricted stance on cryptocurrency, with the Reserve Bank of Zimbabwe (RBZ) issuing a circular banning crypto dealings since 2018. There is no explicit regulatory framework supporting crypto activities, and the central bank continues to restrict crypto transactions.
Zimbabwe is classified by FATF as: partially_compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-26 · Data source: Soken Crypto Legal Map
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