Rwanda Introduces Draft Regulations for Cryptocurrencies, Mandates Licensing for Exchanges

Rwanda has taken a significant step toward regulating its cryptocurrency sector with the introduction of a draft law that mandates virtual asset service providers (VASPs) to apply for operating licenses or face prosecution. The move, led by the country’s Capital Markets Authority (CMA) and the National Bank of Rwanda (NBR), signals a shift toward formal … Continue reading Rwanda Introduces Draft Regulations for Cryptocurrencies, Mandates Licensing for Exchanges