Zimbabwe is pulling crypto firms into the Reserve Bank of Zimbabwe's perimeter: firms must register with the central bank, pay $500 up front, and renew for $400 a year. Operating without registration is now an offense, turning a gray-market crypto sector into a formal licensing-and-compliance lane. For local exchanges and payment desks, this reads less like a ban than a cheap but explicit AML/KYC gate.

TLDR by @Benthic

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