Mmegi

Crypto oversight gaps persist in Botswana

Digital future: Reviewers believe the country needs tighter oversight of the crypto sector PIC: WWW.LIVEMINT.COM
Digital future: Reviewers believe the country needs tighter oversight of the crypto sector PIC: WWW.LIVEMINT.COM

Botswana has made measurable progress in strengthening its Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) framework, but shortcomings remain in its oversight of Virtual Asset Service Providers (VASP).

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.

Editor's Comment
Time to rethink corporal punishment

Yet, as we assess the current state of discipline in many schools, we must confront an uncomfortable reality: student delinquency appears to be spiralling beyond control. Reports of bullying, classroom disruption, open defiance of teachers, and even violence amongst students are increasingly common. Teachers, once regarded as authoritative figures capable of maintaining order, now often find themselves struggling to manage classrooms effectively....

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