OKX Banner
BTC $63,797.00 (-2.50%)
ETH $1,852.16 (-2.20%)
BNB $563.97 (-0.80%)
XRP $1.09 (-2.40%)
SOL $73.73 (-2.90%)
TRX $0.33 (-0.60%)
HYPE $56.99 (-2.90%)
DOGE $0.07 (-0.80%)
RAIN $0.01 (+0.80%)
LEO $9.70 (+1.10%)
ZEC $473.43 (-7.30%)
XMR $363.96 (+2.20%)
LINK $8.27 (-3.20%)
XLM $0.18 (-4.00%)
ADA $0.16 (-3.70%)
CC $0.12 (-3.90%)
BCH $209.41 (-1.40%)
GRAM $1.47 (-0.50%)
LTC $45.79 (-2.30%)
USDG $1.00 (+0.00%)

Burkina Faso vs Botswana

Crypto regulation comparison

← Back to map | Burkina Faso | Botswana
Burkina Faso

Burkina Faso

Botswana

Botswana

No Regulation
Legal

Burkina Faso has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

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 None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator BCEAO (Central Bank of West African States)
Regulator Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific national cryptocurrency legislation
  • BCEAO provides regional monetary oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Political instability limits regulatory development
  • Minimal crypto adoption
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
Sources
OKX Banner