$500 annual registration will now be required for businesses that buy, sell, transfer or safeguard virtual assets, with unregistered operation made an offence under rules issued by Finance Minister Mthuli Ncube.
The Financial Intelligence Unit, an anti-money laundering body housed in the central bank, will oversee the regime as Zimbabwe tries to pull a largely informal crypto market into formal supervision.
Those are Zimbabwe's first dedicated crypto rules after a 2018 ban on financial institutions trading digital assets pushed activity onto peer-to-peer platforms and social media.
Demand for Bitcoin and other tokens has been driven by hyperinflation, repeated currency changes and costly remittance channels, while regulators across Africa tighten oversight as regional on-chain value rose 52% year on year to more than $205 billion.