What is Botswana's FATF status?

Botswana is classified by FATF as: compliant.

What is the AML/KYC regime in Botswana?

KYC is mandatory for crypto businesses.

🇧🇼 Botswana

Botswana has a legal status for cryptocurrency with no specific crypto regulatory framework in place. The Bank of Botswana oversees financial stability and regulation of banks but does not mention specific crypto regulations.

Overview

Status	Legal
Risk Score	45/100 (Moderate Risk)
Region	africa south
Currency	BWP

Tax Information

Capital Gains (Personal)	No specific crypto guidance; general CGT may apply
Capital Gains (Corporate)	22% corporate tax
VAT on Crypto	No
Staking Tax	No specific guidance
Airdrop Tax	No specific guidance

No crypto-specific tax guidance. General tax principles apply.

Licensing & Registration

Required	No
Regulator	BOB / NBFIRA
Framework	No specific crypto framework
Ease	medium

Regulatory framework under consideration. Botswana has a stable financial system.

Enforcement Activity

Level: Low

Consumer warnings issued.

AML / KYC

KYC Required	Yes
Travel Rule	No
FATF Member	No
FATF Status	compliant
FATF Body	ESAAMLG
Suspicious-Activity Reporting	Yes

DeFi, Stablecoins & NFTs

Status: Unclear

No DeFi regulation.

Stablecoins

Status: no_rules

No framework.

NFTs

Status: no_rules

No regulation.

Mining

Legal	Yes
Electricity Cost	$0.06/kWh
Renewable Energy	15%
Infrastructure	fair

Mining is legal with moderate electricity costs and limited renewable energy share. Infrastructure is fair but not specialized for crypto mining.

Geopolitical Risk

Stability	stable
Sanctions	No
Corruption Index	60/100
Banking Access	moderate

Risk Factors

economic slowdown
regional geopolitical tensions

Botswana is politically stable with moderate corruption and reasonable ease of doing business. No international sanctions apply. Banking access for crypto companies is moderate.