On 05 May 2026, the Plenary Sitting of the Chamber of Deputies adopted the law governing virtual asset businesses, aimed at establishing a secure and reliable regulatory framework that enables citizens and investors to benefit from opportunities in digital finance while protecting them from fraud and financial losses linked to fake investment platforms.

The law comes at a time when virtual asset trading is rapidly expanding globally and in Rwanda, with increasing public participation in the sector. However, this growth has also brought emerging challenges, including fraudulent schemes such as pyramid structures that attract investors with unrealistic promises of high returns. Members of Parliament stressed that a clear legal and regulatory framework is essential to safeguard citizens and strengthen confidence in the market.

Among its key provisions, the law introduces strict measures to combat illicit activities, including money laundering, terrorism financing, and other technology-related financial crimes. It also requires any company intending to provide virtual asset services to obtain a license from the Capital Markets Authority before commencing operations, ensuring compliance with established regulatory standards.

In addition, the legislation seeks to promote innovation and investment in financial technology by creating an enabling environment for emerging businesses and young entrepreneurs. Lawmakers noted that the move aligns with Rwanda’s broader ambition to position itself as a regional financial and innovation hub.

The new law is expected to strengthen trust, transparency, and security in the virtual assets market, enabling Rwandans to participate in the sector in a safe, regulated, and sustainable manner.