Yellow Card Botswana relishes Africa’s first crypto licence
Friday, October 28, 2022 | 1250 Views |
Cleaning house: Thobego says Yellow Card is launching a massive anti-scam campaign
Mmegi: What is the significance of receiving an operating licence to Yellow Card?
Thophego: It has a lot of significance looking at the context of the African market. Botswana is more harmonised for innovations to come and thrive and while many people are in crypto, there are also a lot of scams and Ponzi schemes.
When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...