Jurisdiction reference
Botswana
Regulator: NBFIRA. License/registration context: Licensing. 1 VASP/entity record are tracked by Plexo Institute in Botswana. Official registry source: NBFIRA — official regulator. Data last updated: 2026-09-30.
Botswana has lawfully ventured into the digital asset space through its Virtual Assets Act (2022), which enables licensing of virtual asset service providers (VASPs), making Yellow Card the first licensed provider. The Bank of Botswana has publicly acknowledged crypto markets pose "minimal" financial stability risks for now. But it's sounding alarms around money laundering, terrorist financing, and the necessity for future regulatory frameworks. A feasibility study into a CBDC also underscores Botswana's forward-looking posture.
Regulatory Status
- Jurisdiction code
- BW
- Regime
- Licensing
- Regulator
- NBFIRA
- Governing law
- Virtual Assets Act 2022
- Travel Rule
- Not Implemented
- Tracked entities
- 1
- Recognized stablecoin backing
- fiat-backed, crypto-backed, commodity-backed, algorithmic
- Yield-bearing stablecoins
- Restricted
- Currency
- BWP
Licensed entities in Botswana
1 regulated-entity record tracked in Botswana by Plexo Institute.
| Entity | Status | License type |
|---|---|---|
| Yellow Card Botswana | Licensed | VASP License |
Relationship Graph
Jurisdiction FAQ
Who regulates Botswana?
The current Plexo Institute record lists NBFIRA as the regulator for Botswana.
How many VASPs are tracked in Botswana?
1 VASP/entity record are tracked by Plexo Institute in Botswana.
What is the Travel Rule status in Botswana?
The current Plexo Institute record lists the Travel Rule status for Botswana as Not Implemented.
Source Evidence
This profile is compiled from official legislation and regulator records. Source confidence: official source evidence.