Tax, Records and the Law in Namibia
1 minCrypto is legal to own and trade in Namibia, and the regulatory picture keeps developing. What does not change is your responsibility to keep clean records and to be able to explain where funds came from.
Keep a simple ledger. Date, amount in NAD, amount in coin, the rate and the counterparty.
Expect identity checks. Any legitimate service will verify who you are before large transactions.
Ask a professional about tax. Gains may be taxable depending on how and why you trade.
