1/ 🧵 Bank of Namibia has signed the virtual asset act and this means the CBDC and the virtual asset would be legally allowed within the nation as an asset form.
1/ 🧵 Bank of Namibia has signed the virtual asset act and this means the CBDC and the virtual asset would be legally allowed within the nation as an asset form.
2/ 🧵 Namibia prior to the act allowed the digital asset temporarily but now that act is passed it would soon get in the effect on for the people to trade as well.
3/ 🧵 Bank of Namibia is also considering the CBDC being created and also running the pilot for the program to test out in the market.
4/ 🧵 Check out how the Bank of Namibia's action towards the Virtual Assets act.
https://inleo.io/@esmeesmith/bank-of-namibia-signs-virual-assets-act
That s interesting to hear