The Bank of Botswana released the 'Financial Stability Report' noting that due to the immature development of the local cryptocurrency market, the current risk to financial stability is 'limited'. However, the central bank emphasizes the need to establish a regulatory framework to guard against potential risks in the future, and highlights the use of digital payment tools for money laundering and terrorist financing as one of the five major national security risks. The report shows that despite the enhanced interconnectedness of the cryptocurrency market with the traditional financial system potentially posing systemic risks, the current risks are manageable due to the relatively simple nature of Botswana's local virtual asset market. The central bank calls for cryptocurrency service providers to comply with regulatory requirements such as anti-money laundering (AML) and counter-terrorism financing (CFT), and suggests combating illegal activities through market monitoring and law enforcement cooperation.