Roobet Banner
BTC $81,980.00 (-1.59%)
ETH $2,408.61 (-1.71%)
BNB $734.50 (-1.54%)
XRP $1.33 (-1.65%)
SOL $104.34 (-1.76%)
TRX $0.33 (+0.03%)
ZEC $1,255.88 (-0.25%)
HYPE $78.39 (-3.28%)
DOGE $0.08 (-3.08%)
XMR $646.47 (+7.79%)
LINK $12.07 (-2.07%)
LEO $9.04 (+0.03%)
ADA $0.22 (-3.58%)
NEAR $5.00 (-3.01%)
XLM $0.18 (-3.02%)
RAIN $0.01 (-5.22%)
BCH $276.03 (-3.47%)
LTC $59.39 (-3.24%)
UNI $7.10 (-5.00%)
CC $0.10 (-1.93%)

Botswana vs Palau

Crypto regulation comparison

← Back to map | Botswana | Palau
Botswana

Botswana

Palau

Palau

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.

Palau has explored blockchain technology and launched a stablecoin program in partnership with Ripple. No income or capital gains tax.

Tax Type None
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
Regulator Financial Institutions Commission
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific 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
  • Exploring national stablecoin in partnership with Ripple
  • No income or capital gains tax
  • Uses the US dollar as official currency
  • Small but forward-looking approach to digital assets
  • Limited domestic crypto infrastructure
Sources
Sources
Roobet Banner