The Republic of Rwanda Cabinet has approved a draft law to regulate virtual assets, aiming to create a clear and safe framework for the emerging sector. The law targets digital representations of value that can be traded or used for investment but does not include traditional currencies like the Rwandan Franc, US Dollar, or Euro.
The draft law addresses the growing adoption of virtual assets globally, recognizing both the opportunities for innovation and economic growth and the risks such as money laundering and financing illegal activities. It aligns with international standards set by the Financial Action Task Force (FATF) and is intended to protect Rwanda’s financial system while supporting responsible innovation.
Read more: https://techafricanews.com/2026/03/06/rwanda-cabinet-approves-draft-law-to-regulate-virtual-assets/
