A plain-language guide to the Virtual Assets Act, 2023, and how BAN engages on policy. This page is educational only and is not legal or financial advice.
The Virtual Assets Act, 2023 (Act 10 of 2023) provides for the licensing and regulation of virtual asset service providers in Namibia.
A designated Regulatory Authority licenses and supervises providers, supported by the Financial Intelligence Centre.
It applies to businesses that provide virtual asset services, such as exchange, transfer, custody, and token offerings.
A simple view of where key parts of Namibia's virtual asset framework stand.
| Milestone | Status |
|---|---|
| Virtual Assets Act, 2023 enacted | In force |
| Regulatory Authority designated | In place |
| Provider licensing regime | Operating |
| Public register of licensed providers | Maintained by the Authority |
The Blockchain Association of Namibia is a non-profit membership body. We are not a regulator and not a licensed virtual asset service provider. We engage constructively with government and the Regulatory Authority to help make regulation clear, sound, and well understood, and we help the public understand what the law means.
Partner with us or join to contribute to policy engagement in Namibia.