The Rwanda Capital Markets Authority and the National Bank of Rwanda have published a draft Law Regulating Virtual Assets Business in Rwanda and invited public comments, as part of developing a comprehensive regulatory framework for virtual assets and virtual asset service providers. The draft follows a National Risk Assessment of Virtual Assets and Virtual Asset Service Providers that identified key risks and recommended establishing a regulatory framework. Written submissions are due by 14 March 2025, and the authorities will also hold a virtual consultation meeting on 17 March 2025 at 10:00am.
Rwanda Capital Markets Authority 2025-03-03
Rwanda Capital Markets Authority and National Bank of Rwanda open public consultation on draft law regulating virtual assets business
The Rwanda Capital Markets Authority and the National Bank of Rwanda have released a draft Law Regulating Virtual Assets Business in Rwanda, seeking public input to develop a regulatory framework for virtual assets and service providers. This follows a National Risk Assessment identifying key risks and recommending regulation.