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Rwanda: President signed Bill regulating the virtual asset business into law including user identification requirement for virtual asset transfers

Policy overview

Description

President signed Bill regulating the virtual asset business into law including user identification requirement for virtual asset transfers

On 25 May 2026, the President signed the Bill regulating the virtual asset business into law. The Law requires a virtual asset service provider to obtain and hold accurate information on both the originator and the beneficiary of a transfer of virtu…

Scope

Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2026-03-04
under deliberation

On 4 March 2026, the Cabinet approved the draft law regulating the virtual asset business. The draf…

2026-03-31
under deliberation

On 31 March 2026, the draft law regulating the virtual asset business was introduced to the Chamber…

2026-05-05
adopted

On 5 May 2026, the Chamber of Deputies adopted, in plenary session, the draft law regulating the vi…

2026-05-25
adopted

On 25 May 2026, the President signed the Bill regulating the virtual asset business into law. The L…

2026-05-28
in force

On 28 May 2026, Law No. 023/2026 regulating the virtual asset business entered into force on the da…