The Central Bank of Botswana stated that the local cryptocurrency market in the country is not yet mature, therefore the risks posed to financial stability are "minimal." However, the central bank noted that relevant regulations should be developed to guard against potential risks of digital assets in the future. In its "Financial Stability Report," the central bank pointed out that the increasingly close ties between the cryptocurrency market and other parts of the financial system could pose potential systemic risks. Nevertheless, the central bank indicated that the risks brought by cryptocurrencies to the domestic market are negligible. However, the central bank emphasized that regulators should establish a regulatory framework for the industry to address potential risks that may arise in the future. (Cointelegraph)