BTC $64,146.00 (-1.18%)
ETH $1,859.79 (-0.39%)
XRP $1.35 (-0.76%)
BNB $585.32 (-2.13%)
SOL $79.05 (+0.25%)
TRX $0.28 (+0.81%)
DOGE $0.09 (-1.35%)
BCH $484.07 (-3.73%)
ADA $0.26 (-1.68%)
LEO $8.47 (+5.53%)
HYPE $27.19 (+2.64%)
CC $0.16 (-0.70%)
XMR $327.61 (+5.46%)
LINK $8.23 (-1.18%)
XLM $0.15 (-1.24%)
RAIN $0.01 (+0.21%)
HBAR $0.10 (-0.02%)
ZEC $244.67 (+2.04%)
LTC $51.42 (-0.92%)
AVAX $8.33 (-1.26%)

Botswana vs Mauritania

Crypto regulation comparison

← Back to map | Botswana | Mauritania
Botswana

Botswana

Mauritania

Mauritania

Legal
Restricted

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.

Mauritania has a restrictive stance on cryptocurrency. Islamic finance principles influence the financial regulatory approach. The central bank has warned against crypto use.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
Regulator Banque Centrale de Mauritanie
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
  • Central bank has warned against cryptocurrency use
  • Islamic finance principles influence regulatory approach
  • No specific cryptocurrency legislation
  • Limited crypto infrastructure
  • Financial institutions discouraged from dealing in crypto
Sources
Sources