The finance ministry of GRN_Namibia has backflipped on its 2017 decision to ban crypto exchanges after officially signing a law regulating Virtual Asset Service Providers in the country.
The bill called the Namibia Virtual Assets Act 2023 aims to assign a regulatory authority to supervise crypto exchanges in the country.
It is the first law laying out how the country should regulate cryptocurrency-related activities.The bill became law when it was put into the Gazette of the Republic of Namibia. Source: Namibia Government.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Used Ford Fiesta Review - 2017-2023The Ford Fiesta may have reached its end, but there are still so many used examples on UK roads Here's how to ensure you get a good one:
Read more »
‘Putin’s Soldier’ Kadyrov Personally Ordered Murder of Gay Pop Star: ReportA popular Chechen singer long believed to have been killed as part of a “gay purge” in the Russian republic was tortured and executed on Ramzan Kadyrov’s orders.
Read more »
Namibia's Crypto Assets Bill Is Now a LawNamibia's virtual assets bill, which will let the country designate a regulator for the industry, is now a law. camomileshumba reports
Read more »
Bruce Bochy’s limited options in loss vs. Astros speaks to Rangers’ bullpen needsHOUSTON – The possibility of trading for Shohei Ohtani, however faint, captivates the Rangers. The frailty of the bullpen, however, remains the team’s biggest...
Read more »
The City’s Best Sando Is BackEach Izakaya Pork Katsu Sando costs $23, feeds exactly one, and sells out fast. But this time, owner Yudai Kanayama reports, the sando is here to stay: “It’s gonna be on the menu forever.”
Read more »
General Hospital is using scab writers, and it’s complicatedThe show’s actors, however, are not crossing the picket line.
Read more »