BoB keeps hawkeye on digital currencies
Friday, June 02, 2017
Moses Pelaelo's BoB is monitoring new payment methods
Cryptocurrencies, described as digital or virtual currencies that use cryptography for security, are yet to be brought under any regulatory framework in Botswana.
Bitcoin, a virtual currency whose value has been soaring in international markets in recent months, is said to be by far the most famous of these cryptocurrencies.
Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...