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Botswana Explores Potential Launch of Central Bank Digital Currency
3.8.2025
The Bank of Botswana is in the early stages of a feasibility study to evaluate whether to introduce a central bank digital currency (CBDC). According to Ruth Baitshepi, head of the digitalization and innovation hub, the study aims to assess both the necessity of a CBDC and the potential risks...
Botswana Council: Virtual Assets Market ‘Poses Limited Risks to Financial Stability’
26.12.2024
The Botswana Financial Stability Council’s October 2024 report said the virtual assets market and cyber risks from fintech currently pose minimal threats to financial stability. Tech Advances Fuel Financial Stability Risks Authorities in Botswana consider both the virtual assets market...
Botswana central bank flags 'minimal’ crypto risks but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Blockchain Technology Can Guarantee to Consumers ‘That Their Diamonds Have Been Ethically Sourced’ — Botswana President
31.10.2023
According to the president of Botswana, blockchain is one of the innovative solutions that the global diamond industry can use to ensure “blood diamonds” are excluded from formal markets. Using blockchain not only assures consumers but also enables them “to make informed choices...
Commodity tokenization is the economic aid Africa needs
15.8.2023
Commodity tokenization would enable African countries — such as Ghana and Botswana — an opportunity to empower themselves without relying on international aid
Namibia signs crypto exchange regulation bill into law
26.7.2023
The law will officially enter into force at a date determined by Namibia’s Ministry of Finance
Africa Focused Crypto Exchange Yellow Card Granted VASPs License in Botswana
25.10.2022
Yellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to operate in Botswana. Granted by the country’s Non-Bank Financial Institutions Regulatory Authority, Yellow Card’s license allows the crypto...
Pan-African crypto exchange Yellow Card wins virtual asset license
24.10.2022
Yellow Card CEO said that the Botswana VASP license is the first license for African crypto exchanges established by an African country
Botswana Cryptocurrency Regulation: Government Set to Present Virtual Asset Bill to Parliament
22.1.2022
The Botswana government is set to present a “Virtual Asset Bill” to the country’s parliament, a move that could see it become one of the first countries in Africa to have laws regulating cryptocurrencies. Preventing the Proliferation of Risks Associated With Cryptos A Botswana...
Botswana Does Not Have Regulatory Framework for Crypto — Central Bank
12.11.2021
The Bank of Botswana (BOB) has said the country does not have a specific legal or regulatory framework pertaining to crypto assets. The bank does, however, warn residents investing in cryptocurrencies that they will have no legal recourse should they suffer financial losses. Central Bank Responding...
South African Women Lose Money to Crypto Scammer Who Convinced Them That Botswana Pula Coins Are Bitcoins
1.5.2021
A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins. The coins, which are denominated in the Bostwana pula currency, were initially sold to a group of South African women back in 2019 when...
Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year
7.12.2020
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019. Launched in June 2019, Yellow Card enables...