Vavada Banner
BTC $68,666.00 (-3.71%)
ETH $2,058.79 (-5.14%)
BNB $627.71 (-3.09%)
XRP $1.36 (-4.02%)
SOL $86.44 (-5.71%)
TRX $0.31 (-1.52%)
DOGE $0.09 (-4.43%)
ADA $0.25 (-6.04%)
HYPE $39.00 (-3.56%)
BCH $461.79 (-2.43%)
LEO $9.52 (+0.49%)
LINK $8.90 (-5.12%)
XMR $327.69 (-4.07%)
XLM $0.17 (-1.98%)
CC $0.14 (-0.22%)
LTC $54.51 (-3.74%)
RAIN $0.01 (-6.47%)
M $2.28 (-7.13%)
HBAR $0.09 (-4.02%)
AVAX $9.09 (-6.11%)

Botswana vs Guinea-Bissau

Crypto regulation comparison

← Back to map | Botswana | Guinea-Bissau
Botswana

Botswana

Guinea-Bissau

Guinea-Bissau

Legal
No Regulation

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.

Guinea-Bissau has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

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 Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
Regulator BCEAO (Central Bank of West African States)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
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
Key Points
  • No specific national cryptocurrency legislation
  • BCEAO provides regional monetary oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Very limited crypto adoption
  • No licensing framework for crypto businesses
Sources
Sources
NordVPN Banner