The CEO of pan-Africa crypto exchange Yellowcard, Chris Maurice, has stated that Botswana is punching above its weight when it comes to creating an enabling environment for the adoption of crypto. Maurice stated that out of the 16 countries Yellowcard is present in in Africa, Botswana was one of the best performers.
He further stated that the company is working with Non-Bank Financial Institutions Regulatory Authority (NBFIRA) and Bank of Botswana on innovations to create an enabling environment that allows more players into the crypto currency space.
He said the company wants to tap Botswana's status of being a country with a small population, best ICT infrastructure and wealthy individuals in the capital Gaborone to spur its presence in the country.
Yellow Card was the first crypto currency company to secure a Virtual Asset Provider licence in Botswana last year.
A portion of this article first appeared on ITWeb