Crypto oversight gaps persist in Botswana
Friday, February 20, 2026 | 260 Views |
Digital future: Reviewers believe the country needs tighter oversight of the crypto sector PIC: WWW.LIVEMINT.COM
This is according to the latest follow-up assessment conducted by the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG).
VASP are companies or individuals that help people buy, sell, exchange, store or manage virtual assets like cryptocurrencies.
The situation is exacerbated by the ruling party’s admission that some of its most important election promises remain unfulfilled. This is not the change many Batswana had expected. The UDC was elected into power on a strong promise to improve lives, create jobs, protect workers and repair public services. It is therefore, not enough for the party to point only to new ministries, policies and long-term plans. These may be necessary, but...