BoB keeps hawkeye on digital currencies

The Bank of Botswana (BoB) says it is keeping a close watch on cryptocurrencies that seem to be gradually making their way into the country.

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.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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