Many countries globally have created licenses permitting crypto-related firms’ operations. This step is a measure to monitor and control the functions of such companies. Therefore every crypto firm aiming to operate in such jurisdictions must get the licenses to legalize its activities.
A recent report disclosed the latest achievement of Yellow Card, an African crypto exchange, in its licensing plans. According to the report, the exchange has received another regulatory license from Botswana.
Crypto Exchange Yellow Card Gets VASP License From Botswana
Yellow Card announced the receipt of its new virtual asset service provider (VASP) license. According to the announcement, the Non-Bank Financial Institution Regulatory Authority of Botswana (NBFIRA) approved the license.
Also, the announcement noted that the approval came on September 29. The issuer, NBFIRA, approved the license in line with Section 11…
