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Burundi vs Rwanda

Crypto regulation comparison

← Back to map | Burundi | Rwanda
Burundi

Burundi

Rwanda

Rwanda

No Data
Restricted

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Rwanda is developing a comprehensive crypto regulatory framework. The NBR and Capital Markets Authority are drafting a law requiring VASPs to obtain CMA licenses. The draft law prohibits crypto as legal tender, bans mining and crypto ATMs, and imposes fines up to 30M RWF and imprisonment for unlicensed operators.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator -
Regulator National Bank of Rwanda (NBR), Capital Markets Authority (CMA)
Stablecoin Rules -
Stablecoin Rules Draft law prohibits crypto as payment; mining and crypto ATMs banned
Key Points

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Key Points
  • Draft law requires VASPs to obtain licenses from Capital Markets Authority
  • Crypto prohibited as legal tender or payment method under draft law
  • Crypto mining, crypto ATMs, and mixer/tumbler services banned
  • Penalties include fines up to 30M RWF and up to 5 years imprisonment
  • Framework driven by FATF compliance on AML requirements
Sources

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Sources