NBFIRA Interview on the Regulation and Supervision of Virtual Assets - The Morning Dew Show, RB2
As part of the efforts to educate the public on the regulation and supervision of Virtual Asset Service Providers, Ms. Juliana White Director of Capital Markets at NBFIRA conducted an insightful interview on the topic.
Ms. White expounded on what virtual assets are and that the main objective of regulating this sector is to adhere to requirement by the Financial Action Taskforce (FATF), to contribute to the stability of the financial system as well as consumer protection.
Ms. White also warned the public about some of the risks associated with virtual assets and encouraged them to ensure that they verify that their service provider is licensed with NBFIRA, as any unlicensed service provider would be operating illegally.
For more information, please visit the NBFIRA website media tab, and access the audio interviews. You may also access the Virtual Assets Act, Regulations and Frequently Asked Questions (FAQs) through the following links:
Virtual Assets Act 2022:
Virtual Assets Regulations:
Virtual Assets FAQs:
The public is further encouraged keep themselves well informed, so to make sound decisions when participating in virtual assets businesses. Thus by:
a. Verifying that service provider is licensed with NBFIRA, that is through visiting the website www.nbfira.org.bw;
b. Contacting the NBFIRA office: Tel 3102595, Email on info@nbfira.org.bw; and
c. Follow us social media platforms (Facebook and Instagram pages).
NBFIRA…Working Towards Financial Stability!
What's New
