---
type: country
domain: web3-compliance
status: compiled
tags: [Legal, Restricted, Crypto Tax, Crypto Regulation, Country]
aliases: [Namibia]
created: 2026-04-23
compile_into: ""
slug: country--namibia
sources: "[./crypto-map/data.json#/NA, \"https://soken.io/crypto-map/countries/namibia.html\"]"
source_url: "https://soken.io/crypto-map/countries/namibia.html"
title: "Namibia — Crypto Regulation 2026 | Soken"
description: Namibia regulates cryptocurrency under the Virtual Assets Act 2023, indicating a controlled environment with restrictions on crypto activities.
scraped_at: "2026-04-23T20:06:56.198835+00:00"
entry_type_raw: country
region: africa_south
---

# Namibia — Crypto Regulation 2026 | Soken

# 🇳🇦 Namibia

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.

## Overview

|     |     |
| --- | --- |
| Status | **Restricted** |
| Risk Score | 55/100 (High Risk) |
| Region | africa south |
| Currency | NAD |

## Tax

|     |     |
| --- | --- |
| VAT on Crypto | No |

## Licensing

|     |     |
| --- | --- |
| 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.

## DeFi

**Status:** Restricted

DeFi activities are restricted under current regulations, with oversight to prevent unregulated financial risks.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the Virtual Assets Act 2023, requiring compliance with financial regulations.

## NFTs

**Status:** no\_rules

No regulation.

## Mining

|     |     |
| --- | --- |
| Legal | Yes |
| Electricity | $0.08/kWh |
| Renewable | 15% |
| Infrastructure | fair |

Mining is allowed but under restrictions; infrastructure is fair with moderate renewable energy usage.

## Geopolitics

|     |     |
| --- | --- |
| Stability | stable |
| Sanctions | No |
| Corruption Index | 52/100 |
| Banking Access | moderate |

Last reviewed: 2026-04-13 ·
Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/)

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