Regulatory Alerts2026-05-28
Added · Updated
Law Regulating Virtual Asset Business
The Parliament of Rwanda, sanctioned by President Paul Kagame, enacted Law 023/2026 to establish a comprehensive regulatory framework for virtual asset businesses. The legislation mandates licensing for service providers, defines core activities such as tokenization and stablecoin issuance, and empowers a designated Regulatory Authority to oversee compliance, conduct inspections, and freeze assets. By enforcing strict reporting, investor protection, and data security standards alongside clear administrative and criminal sanctions, the law aims to mitigate money laundering risks while fostering market integrity and financial stability.