Namibia regulates cryptocurrency under the Virtual Assets Act 2023, indicating a controlled environment with restrictions on crypto activities. The Bank of Namibia monitors financial stability and warns against illegal financial schemes involving crypto.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | africa south |
| Currency | NAD |
| VAT on Crypto | No |
| Required | Yes |
| Regulator | BON |
| Framework | Virtual Assets Act 2023 |
| Ease | medium |
| Cost | N/A |
Licensing is required under the Virtual Assets Act 2023, with a moderate process to obtain authorization for crypto service providers.
Status: Restricted
DeFi activities are restricted under current regulations, with oversight to prevent unregulated financial risks.
Status: regulated
Stablecoins are regulated under the Virtual Assets Act 2023, requiring compliance with financial regulations.
Status: no_rules
No regulation.
| Legal | Yes |
| Electricity | $0.08/kWh |
| Renewable | 15% |
| Infrastructure | fair |
Mining is allowed but under restrictions; infrastructure is fair with moderate renewable energy usage.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 52/100 |
| Banking Access | moderate |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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