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Reserve Bank Of Zimbabwe Proposes Regulatory Sandbox For Cryptocurrency Companies
Summary: The Reserve Bank of Zimbabwe (RBZ) is reportedly in the process of developing a regulatory sandbox for cryptocurrency companies in the country, according to a report from local newspaper Chronicle. Josephat Mutepfa, RBZ’s deputy director for financial markets and national payment systems, said that the bank is at work on a regulatory framework that would ...
The Reserve Bank of Zimbabwe (RBZ) is reportedly in the process of developing a regulatory sandbox for cryptocurrency companies in the country, according to a report from local newspaper Chronicle.
Josephat Mutepfa, RBZ’s deputy director for financial markets and national payment systems, said that the bank is at work on a regulatory framework that would have companies involved with cryptocurrency go through a special regulatory sandbox.
The sandbox will allow the bank to decide if a certain company can be allowed to operate independently.
By Ramsey Baker
Tags: Cryptocurrency,josephat mutepfa,Reserve Bank of Zimbabwe,Sandbox
Link: Reserve Bank Of Zimbabwe Proposes Regulatory Sandbox For Cryptocurrency Companies [Copy]
