First crypto platform approaches NBFIRA
Friday, April 29, 2022 | 2410 Views |
![At the helm: NBFIRA CEO, Oduetse Motshidisi. The regulator has been charged with regulating the cryptocurrency industry in the country](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2022/04/29/36274.jpeg&w=800&q=72&f=jpg&t=1)
At the helm: NBFIRA CEO, Oduetse Motshidisi. The regulator has been charged with regulating the cryptocurrency industry in the country
Cryptocurrency operators are required to be licensed with NBFIRA by May 25 or face fines of up to P250,000 and/or five years in jail, under the recently passed Virtual Assets Act.
Yellow Card, a cryptocurrency exchange that allows clients to buy, sell and store bitcoin and other virtual assets, is active in 16 African states.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...