Category: Lesotho

The Cryptocurrency Regulatory Framework of Lesotho in 2024

In 2024, Lesotho’s approach to cryptocurrency regulation demonstrates a significant shift from initial uncertainty to a more structured and informed stance. This Southern African nation’s journey mirrors a global trend of adapting to the rapid growth and integration of digital currencies into the financial system. Lesotho’s legislative landscape in...
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The Legislative Landscape for Cryptocurrencies in Lesotho Prior to 2024

As of 2022, the legislative framework in Lesotho for cryptocurrencies was defined by caution and a focus on cyber security, rather than direct regulation of digital currencies. The Central Bank of Lesotho, in February 2018, stated that cryptocurrencies were neither recognized as legal tender nor considered foreign currency in...
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