Regulatory Alerts2026-05-25
Law No. 023/2026 Regulating Virtual Asset Business
The Republic of Rwanda enacted Law No. 023/2026 to establish a comprehensive regulatory framework for virtual asset businesses, aiming to prevent money laundering and ensure financial stability. The legislation mandates licensing for service providers, defines the powers of the Regulatory Authority, and imposes strict obligations regarding liquidity, consumer protection, and market conduct. It further criminalizes unauthorized operations and introduces specific sanctions for violations, including the use of mixer services without authorization.
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