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3232Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment
https://www.digit.info/namibian-central-bank-virtual-assets-remain-without-legal-tender-status-but-merchants-can-still-accept-them-as-payment/
Thu, 06 Oct 2022 06:00:14 +0000https://www.digit.info/2022/10/06/namibian-central-bank-virtual-assets-remain-without-legal-tender-status-but-merchants-can-still-accept-them-as-payment/Read more]]>The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and regulations. According to the central bank’s governor, there is an ongoing “battle between regulated and unregulated money on the one hand and sovereign versus […]
]]>Namibian Central Bank Announces Plan to Launch CBDC
https://www.digit.info/namibian-central-bank-announces-plan-to-launch-cbdc/
Sat, 09 Apr 2022 05:30:26 +0000https://www.digit.info/2022/04/09/namibian-central-bank-announces-plan-to-launch-cbdc/Read more]]>Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for financial stability. BON Researching CBDCs The BON governor, Johannes Gawaxab, recently confirmed that the central bank is now planning to launch […]
]]>Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
https://www.digit.info/namibia-central-bank-to-complete-crypto-study-by-april-2022-governor-says-current-laws-do-not-permit-use-of-digital-assets/
Sun, 25 Jul 2021 19:09:28 +0000https://www.digit.info/2021/07/25/namibia-central-bank-to-complete-crypto-study-by-april-2022-governor-says-current-laws-do-not-permit-use-of-digital-assets/Read more]]>The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws. Although Gawaxab did acknowledge that cryptocurrencies […]