Crypto Regulation in Uganda

Uganda's virtual-asset regulatory environment changed materially in 2026.

Virtual Asset Service Providers are now included among the categories of accountable persons under Uganda's Anti-Money Laundering framework.

This page is general information and is not legal advice.

Last reviewed: August 2026

VASPs must register with the FIA

In February 2026, Uganda's Financial Intelligence Authority stated that Virtual Asset Service Providers are required to:

  • register with the FIA as accountable persons
  • comply with Uganda's Anti-Money Laundering Act
  • follow applicable AML regulations
  • comply with relevant FIA guidelines

What FIA registration means

FIA registration concerns the entity's status as an accountable person for AML/CFT purposes. It should not automatically be translated into any of the following:

  • fully licensed crypto exchange
  • approved investment provider
  • endorsed by the Government of Uganda
  • guaranteed safe

Where CryptoPayAfrica displays regulatory status, it uses the exact status stated by the relevant authority.

Public VASP register

The FIA's public accountable-person register now contains entities categorised as Virtual Asset Service Provider.

CryptoPayAfrica may later add verified regulatory-status information to individual provider profiles.

The regulatory status of one legal entity is not automatically applied to a similarly named global brand.

Eversend's Uganda payment licences

Eversend states that its Uganda operating company, Cogni Labs Ltd, is authorised by the Bank of Uganda for payment-services activities including:

  • • Payment Systems Operator
  • • Payment Service Provider & E-Money Issuer
  • • Issuer of Payment Instruments

These are specific payment-services authorisations. CryptoPayAfrica does not describe them as a blanket licence covering every crypto-related activity.

Frequently asked questions

Is crypto banned in Uganda?

Uganda has an active virtual-asset market and now applies AML registration requirements to Virtual Asset Service Providers. Users should distinguish between the existence of crypto services and the precise regulatory status of each provider.

Do VASPs need to register?

Uganda's Financial Intelligence Authority requires VASPs to register as accountable persons under the AML framework.

Does FIA registration mean a provider is licensed?

Do not treat AML registration as automatically equivalent to a broad operating licence or government endorsement.

Is CryptoPayAfrica regulated as a VASP?

CryptoPayAfrica's static MVP is an independent information and comparison website. It does not custody crypto, exchange assets or execute transactions.

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CryptoPayAfrica is an independent information and comparison service. We do not exchange cryptocurrency, hold customer funds or execute transactions. Provider availability, fees and exchange rates can change. Always confirm the current terms directly with the provider before transacting.