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Angola vs Botswana

Crypto regulation comparison

← Back to map | Angola | Botswana
Angola

Angola

Botswana

Botswana

No Data
Legal

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Botswana passed the Virtual Assets Act in 2022, first African country to issue crypto licenses. NBFIRA supervises VASPs. 4 licensed entities as of 2024. Penalties up to P250,000 or 5 years imprisonment.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
Stablecoin Rules -
Stablecoin Rules No stablecoin regulation
Key Points

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Key Points
  • Virtual Assets Act enacted in 2022, effective Feb 22, 2022
  • First African country to issue crypto licenses via NBFIRA
  • 4 licensed VASPs as of December 2024
  • Bank of Botswana assesses domestic crypto risks as minimal
  • Unregistered crypto dealers face fines up to P250,000 or imprisonment
Sources

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Sources
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