Public Notice-Unlicensed Virtual Assets Service Provider – YellowOcta.com Trading Company

The Non-Bank Financial Institutions Regulatory Authority (“NBFIRA”) would like to inform members of the public that YellowOcta.com Trading Company is not licensed to provide virtual asset business services in Botswana, therefore, the business and its representatives are operating illegally.

It has come to the Regulatory Authority’s attention that representatives of YellowOcta.com Trading Company have been canvassing members of the public for business and asserting that they have been licensed by the Regulatory Authority to provide virtual asset business services. Furthermore, these representatives have been circulating a falsified professional certificate that wrongfully bears the Regulatory Authority’s logo.  

Members of the public are, therefore, advised to not do any business with YellowOcta.com Trading Company.

For further information, please contact the Regulatory Authority on 3102595 or email on info@nbfira.org.bw.