BTC $67,197.00 (+0.62%)
ETH $1,936.60 (-1.71%)
XRP $1.41 (-0.58%)
BNB $608.13 (-0.06%)
SOL $82.62 (+1.28%)
TRX $0.28 (+1.37%)
DOGE $0.10 (-0.05%)
BCH $556.83 (-0.09%)
ADA $0.27 (-0.86%)
LEO $8.50 (-1.59%)
HYPE $29.33 (+2.26%)
XMR $330.04 (+2.25%)
LINK $8.55 (-1.42%)
CC $0.16 (-2.63%)
XLM $0.16 (-0.98%)
RAIN $0.01 (-3.28%)
ZEC $263.12 (+0.02%)
HBAR $0.10 (-1.74%)
LTC $53.13 (-0.67%)
AVAX $8.91 (+0.22%)

Botswana vs Nicaragua

Crypto regulation comparison

← Back to map | Botswana | Nicaragua
Botswana

Botswana

Nicaragua

Nicaragua

Legal
Legal

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.

Nicaragua regulates virtual assets under Law 1072 (2021) and BCN resolution CD-BCN-XXV-1-22 (2022). VASPs must be licensed by BCN. Crypto gains taxed at 15% capital gains rate.

Tax Type None
Tax Type Capital gains
Tax Rate N/A
Tax Rate 15%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
Regulator Banco Central de Nicaragua (BCN)
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
  • Law 1072 (2021) defines virtual assets and regulates VASPs
  • BCN is designated as the licensing and supervisory authority
  • Banks are legally permitted to offer virtual asset services
  • Capital gains taxed at 15% on crypto profits
  • Government monitors virtual transactions exceeding ,000 since 2025
Sources
Sources