Namibia Passes Bill for Licensing and Regulating Virtual Asset Service Providers

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Namibia Passes Bill for Licensing and Regulating Virtual Asset Service Providers

Namibia’s National Assembly has adopted a bill to regulate digital assets, cryptocurrencies, and digital asset service providers in the country. 
The Virtual Asset Bill, introduced by the Minister of Finance and Public Enterprises, Ipumbu Shiimi, passed the parliament’s lower house in June, aiming to provide a framework for regulating and licensing virtual asset service providers (VASPs). 
According to the document, the bill was introduced:…
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