BTC $67,700.00 (+1.06%)
ETH $1,969.62 (+1.16%)
XRP $1.42 (+0.59%)
BNB $628.06 (+3.28%)
SOL $84.41 (+2.99%)
TRX $0.29 (+0.32%)
DOGE $0.10 (+2.53%)
BCH $560.22 (+0.13%)
ADA $0.28 (+3.82%)
LEO $8.69 (+0.56%)
HYPE $30.05 (+2.82%)
LINK $8.91 (+4.35%)
CC $0.17 (+5.13%)
XMR $332.65 (-0.83%)
XLM $0.16 (+1.06%)
RAIN $0.01 (+0.02%)
HBAR $0.10 (+1.65%)
ZEC $258.75 (-2.43%)
LTC $55.09 (+4.79%)
AVAX $9.13 (+2.62%)

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