The Reserve Bank of Zimbabwe (RBZ) is reportedly developing a regulatory sandbox for cryptocurrency companies in the country. The news was reported on March 16 by local newspaper Chronicle, citing a representative from the bank speaking at a conference on March 13.
Chronicle reports that RBZ’s deputy director for financial markets and national payment systems, Josephat Mutepfa, revealed that the bank is working on a regulatory framework that would see companies involved with cryptocurrency go through a special regulatory sandbox.