THE Bank of Zambia has disclosed that it has embarked on the development and implementation of a comprehensive regulatory framework for Virtual Asset Service Providers (VASPs) operating in Zambia. In a statement, Monday, BoZ Assistant Director of Communications Besnat Mwanza further requested all entities and individuals providing virtual/crypto asset services within Zambia to register with the Bank by March 27, 2026. “The Bank of Zambia in collaboration with other regulators and key stakeholders, has embarked on the development and implementation of a comprehensive regulatory framework for Virtual Asset Service Providers (VASPs) operating in Zambia. The Bank of Zambia’s Strategic Plan for 2024-2027 acknowledges the potential benefits of virtual asset technologies, such as reduced transaction costs, expedited transfer of value, and...
