LEGISLATION TO REDUCE THE RISKS ASSOCIATED WITH INVESTING IN VIRTUAL ASSETS ENACTED
Namibia has enacted the country’s first legislation to license and regulate Virtual Asset Service Providers (VASPs) and Initial Token-Offering Service Providers (ITOSPs), the central bank announced this week. Namibia became only the 3rd Sub-Sahara African country to take legislative steps to regulate this sector and fully protect the public against potential risks, the Bank of…