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
Diplomatic relations must be on equal footing

“Let us never negotiate out of fear.But let us never fear to negotiate”– John F. KennedySupport for healthcare, education, skills and infrastructure can improve lives. The reaffirmed commitment to the Mmopane–Block 8 road is welcome for the prospect of better transport links for surrounding communities.China has shown willingness to assist Botswana, and government deserves credit for securing these commitments. However, the success of our...

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