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.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...