Jurisdiction reference
Zambia
Regulator: SEC Zambia / BoZ. License/registration context: Unclear. 2 VASP/entity records are tracked by Plexo Institute in Zambia. Official registry source: SEC Zambia / BoZ — official regulator. Data last updated: 2026-09-30.
Zambia has no stablecoin-specific legislation, but in 2023 the government announced pilot programs and a sandbox framework for crypto regulation. The Bank of Zambia has previously warned against unregulated crypto use, but testing suggests a cautious move toward oversight.
Regulatory Status
- Jurisdiction code
- ZM
- Regulator
- SEC Zambia / BoZ
- Travel Rule
- Not Implemented
- Tracked entities
- 2
- Recognized stablecoin backing
- fiat-backed, crypto-backed, commodity-backed, algorithmic
- Yield-bearing stablecoins
- Restricted
- Currency
- ZMW
Regulatory approach
The BoZ manages monetary policy and financial stability.
Licensed entities in Zambia
2 regulated-entity records tracked in Zambia by Plexo Institute.
| Entity | Status | License type |
|---|---|---|
| Binance | Registered | Operating |
| Yellow Card Zambia | Registered | Operating (Developing framework) |
Relationship Graph
Jurisdiction FAQ
Who regulates Zambia?
The current Plexo Institute record lists SEC Zambia / BoZ as the regulator for Zambia.
How many VASPs are tracked in Zambia?
2 VASP/entity records are tracked by Plexo Institute in Zambia.
What is the Travel Rule status in Zambia?
The current Plexo Institute record lists the Travel Rule status for Zambia as Not Implemented.
Source Evidence
This profile is compiled from official legislation and regulator records. Source confidence: official source evidence.