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<a href="https://bitcoinworld.co.in/zimbabwean-regulators-develop-framework-for-virtual-assets-trading/" title="Zimbabwean Regulators Develop Framework For Virtual Assets Trading" rel="noopener noreferrer nofollow"></a>
Zimbabwean Regulators – the Securities and Exchange Commission of Zimbabwe (<a href="https://seczim.co.zw" rel="noopener noreferrer nofollow">SECZ</a>) and the Reserve Bank of Zimbabwe (RBZ) – are reportedly developing a framework for virtual asset <a href="https://bitcoinworld.co.in/tanzania-targets-crypto-trades-with-proposed-income-tax-act-amendment/" rel="noopener noreferrer nofollow">trading</a>.&nbsp;
The framework aims to provide clear legislation, client protection under the Data Protection Act, and educational support. Challenges include infrastructural investment and licensing fees for foreign-supplied systems.&nbsp;
An informal virtual asset ecosystem exists but lacks security, leading to losses.&nbsp;
Chengetedzai Depository Company (CDC) said it supports regulation to legitimize virtual asset trading, noting that other countries have already done so.&nbsp;
The digital assets industry is projected to grow significantly, offering Zimbabwe a new asset class to explore.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Zimbabwean Regulators Develop Framework For Virtual Assets Trading

ItsBitcoinWorld

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