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CC $0.16 (-4.16%)
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AVAX $8.72 (-2.93%)

Botswana vs New Caledonia

Crypto regulation comparison

Botswana

Botswana

New Caledonia

New Caledonia

Legal
No Data

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.

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Tax Type None
Tax Type Unclear
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 -
Stablecoin Rules No stablecoin regulation
Stablecoin Rules -
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

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Sources

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