Aug 08

Namibia enacts country’s first legislation to license and regulate Virtual Asset Service Providers

Namibia enacted the country’s first legislation to license and regulate Virtual Asset Service Providers and Initial Token-Offering Service Providers. Namibia thus became the 3 rd Sub- Saharan African country to take bold legislative steps to regulate this sector and fully protect the public against potential risks. Here is Kazembire Zemburuka the Director of Strategic Communications and International Relations, at the Bank of Namibia.