Category: Swaziland

The cryptocurrency legislation landscape in Eswatini, formerly known as Swaziland, as of 2024, presents an intriguing mix of cautious regulatory approaches and an openness to technological innovation. This small, landlocked monarchy in Southern Africa has been gradually adapting to the global trend of digital currencies, reflecting its broader goals...

Legal Status and Central Bank’s Stance As of 2023, the legal status of cryptocurrency in Eswatini was not clearly defined. There were no specific laws or regulations concerning the use of cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, Cardano, USDT, XRP, Monero, or any other digital currencies. However, the...