Log In
Log in my account
Your e-mail
Password
Forgot password?
или войти через соц. сети
Turning to you account you agree with conditions and rules of our service.
У вас еще нет аккаунта?
Log in my account
Your e-mail
Password
Forgot password?
или войти через соц. сети
Turning to you account you agree with conditions and rules of our service.
У вас еще нет аккаунта?
subscribe
to us
23.12.2024
Botswana Central Bank Calls for Crypto Regulation

The Central Bank of Botswana has published a financial stability report, which indicated that cryptocurrencies pose minimal risks to the country's financial system. However, the regulator noted the need for increased supervision and regulation to prevent money laundering and the financing of illegal activities.

The bank emphasized that the anonymity of cryptocurrency transactions poses potential threats to the financial flow control system. In particular, such risks have already entered the top five threats to the national economy.

The bank's recommendations include developing laws to combat money laundering (AML) and terrorist financing (CTF), as well as strengthening cooperation with law enforcement agencies. The central bank aims to create a more secure cryptocurrency environment to minimize any possible risks.