Namibia passes bill to regulate crypto and digital assets
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Namibia has joined other African nations in embracing cryptocurrencies and
In 2017, the Bank of Namibia announced that it was strongly against the use of cryptocurrencies as a method of payment for goods and services. It stated that virtual currency exchanges have no place in the African country, under its decades-old law. It further affirmed that cryptocurrencies were without legal tender status in the country.
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