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DOGE $0.10 (-2.95%)
BCH $569.58 (+0.69%)
ADA $0.28 (-2.72%)
LEO $8.15 (-6.33%)
HYPE $29.68 (-2.05%)
LINK $8.81 (-1.04%)
CC $0.16 (+0.19%)
XMR $320.56 (-3.73%)
XLM $0.16 (-4.28%)
RAIN $0.01 (-2.05%)
HBAR $0.10 (-1.12%)
ZEC $254.02 (-3.28%)
LTC $54.38 (-1.35%)
AVAX $8.97 (-2.24%)

Botswana vs Kiribati

Crypto regulation comparison

← Back to map | Botswana | Kiribati
Botswana

Botswana

Kiribati

Kiribati

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.

Kiribati has no specific cryptocurrency regulation. Uses the Australian dollar.

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 Ministry of Finance, Kiribati
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 cryptocurrency legislation
  • Uses the Australian dollar
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources