The Zimbabwean government has established a multi-stakeholder committee to consult stakeholders in the cryptocurrency ecosystem. The committee, known as the National threat and risk assessment Coordinating Committee (NRACC), aims to determine the nature and scope of the Zimbabwean cryptocurrency ecosystem.
It will also assess the risks associated with cryptocurrencies, such as their potential misuse for money laundering, terrorist financing and other illegal activities. Ultimately, the NRACC will propose an appropriate regulatory framework for cryptocurrencies and their service providers. Local and foreign crypto asset service providers are invited to contribute to the national assessment process by completing a questionnaire.
The Zimbabwean government has established NRACC to understand the local crypto ecosystem
2024-05-16 03:40:33
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