What is Zimbabwe's FATF status?

Zimbabwe is classified by FATF as: partially_compliant.

What is the AML/KYC regime in Zimbabwe?

KYC is mandatory for crypto businesses.

🇿🇼 Zimbabwe

Cryptocurrency dealings are restricted in Zimbabwe, with the Reserve Bank of Zimbabwe having issued circulars banning crypto transactions since 2018. There is no clear regulatory framework supporting crypto activities.

Overview

Status	Restricted
Risk Score	65/100 (High Risk)
Region	africa south
Currency	ZWL

Tax Information

Capital Gains (Personal)	20% CGT on specified assets
Capital Gains (Corporate)	24.72% corporate tax
VAT on Crypto	No
Staking Tax	No specific guidance
Airdrop Tax	No specific guidance

No crypto-specific tax framework. The RBZ ban makes formal taxation moot for most activities.

Licensing & Registration

Required	No
Regulator	RBZ
Framework	RBZ circular banning crypto dealings (2018)

RBZ has maintained its ban on financial institutions facilitating crypto. Despite this, crypto adoption is significant due to currency instability.

Enforcement Activity

Level: Moderate

RBZ enforces banking prohibition on crypto services.

AML / KYC

KYC Required	Yes
Travel Rule	No
FATF Member	No
FATF Status	partially_compliant
FATF Body	ESAAMLG
Suspicious-Activity Reporting	Yes

DeFi, Stablecoins & NFTs

Status: Restricted

Banking ban effectively restricts DeFi on/off-ramps.

Stablecoins

Status: no_rules

No framework; stablecoins widely used due to local currency instability.

NFTs

Status: no_rules

No regulation.

Mining

Legal	No
Electricity Cost	$0.1/kWh
Renewable Energy	15%
Infrastructure	fair

Mining is restricted due to regulatory bans on crypto dealings. Electricity cost is relatively high, and infrastructure is moderate. Renewable energy share is low.

Geopolitical Risk

Stability	unstable
Sanctions	Yes
Corruption Index	26/100
Banking Access	restricted

Risk Factors

economic instability
currency volatility
capital controls
regulatory uncertainty

Zimbabwe faces economic challenges including inflation and currency instability. Crypto businesses face regulatory restrictions and limited banking access.