Tag: Namibia

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Namibia signs crypto exchange regulation bill into law

July 26, 2023

The law will officially enter into force at a date determined by Namibia’s Ministry of Finance. The Namibian Government officially signed a law to regulate Virtual Asset Service Providers operating in the country last week, reversing its original 2017 decision to ban cryptocurrency exchanges. On July 21, the VASP-regulating law was inserted into the Gazette…
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Namibia Passes Bill for Licensing and Regulating Virtual Asset Service Providers

July 7, 2023

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…
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