Progress

Current status
in force
28 May 2026 in force
25 May 2026 adopted
05 May 2026 adopted
31 Mar 2026 under deliberation
04 Mar 2026 under deliberation

Scope

Implementers
Rwanda
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
legislature
Government Body
central government
parliament
Implementation Level
national

Timeline of events

28 May 2026
in force

Law No. 023/2026 regulating virtual asset business including operational licence requirement for virtual asset service providers entered into force

On 28 May 2026, Law No. 023/2026 regulating the virtual asset business entered into force on the date of its publication in the Official Gazette. The Law applies to a legal entity intending to provide virtual asset services in Rwanda, which must app…

Event type law
Action type implementation
Government branch executive
Government body central government
25 May 2026
adopted

President signed Bill regulating the virtual asset business into law including operational licence requirement for virtual asset service providers

On 25 May 2026, the President signed the Bill regulating the virtual asset business into law. The Law applies to a legal entity intending to provide virtual asset services in Rwanda, which must apply to the Capital Market Authority of Rwanda, the Re…

Event type law
Action type signing
Government branch executive
Government body central government
05 May 2026
adopted

Chamber of Deputies adopted draft law regulating the virtual asset business including operational licence requirement for virtual asset service providers

On 5 May 2026, the Chamber of Deputies adopted, in plenary session, the draft law regulating the virtual asset business. The draft law would apply to a legal entity intending to provide virtual asset services in Rwanda, which would need to apply to …

Event type law
Action type adoption
Government branch legislature
Government body parliament
31 Mar 2026
under deliberation

Draft law regulating the virtual asset business including operational licence requirement for virtual asset service providers was introduced to Chamber of Deputies

On 31 March 2026, the draft law regulating the virtual asset business was introduced to the Chamber of Deputies. The draft law would apply to a legal entity intending to provide virtual asset services in Rwanda, which would need to apply to the Capi…

Event type law
Action type introduction
Government branch legislature
Government body parliament
04 Mar 2026
under deliberation

Cabinet approved draft law regulating the virtual asset business including operational licence requirement for virtual asset service providers

On 4 March 2026, the Cabinet approved the draft law regulating the virtual asset business. The draft law would apply to a legal entity intending to provide virtual asset services in Rwanda, which would need to apply to the Capital Market Authority o…

Event type law
Action type drafting
Government branch executive
Government body central government