Press release
Bougainville Launches Offshore Gaming and Financial Authorities
Bougainville, Papua new Guinea, 5th Dec 2025 - Bougainville today announced the official establishment of the Bougainville Offshore Gaming Authority (BOGA) and the Bougainville Offshore Financial Authority (BOFA). These new regulatory bodies mark a major step in Bougainville's effort to position itself as a premier offshore destination for licensed digital entertainment, fintech, and blockchain-based financial enterprises.
BOGA and BOFA will operate under an integrated framework designed to attract international operators while ensuring the highest standards of compliance, responsible governance, and economic benefit for the region.
"The establishment of these authorities underscores Bougainville's commitment to building a transparent, well-regulated offshore ecosystem that promotes innovation while protecting stakeholders," said Robert Phillip, spokesperson for BOGA and BOFA. "Our goal is to create a globally recognized jurisdiction where responsible gaming, digital finance, and blockchain enterprises can operate within a clear and credible regulatory structure."
The Bougainville Offshore Gaming Authority (BOGA) will oversee licensing, compliance, and operational standards for online gaming operators, including interactive entertainment, iGaming, and esports platforms. It will also work closely with global partners to enforce responsible gaming practices and anti-money laundering (AML) requirements.
The Bougainville Offshore Financial Authority (BOFA) will regulate offshore financial services, asset management companies, and fintech providers offering tokenized assets, stablecoins, trade finance instruments, and other digital financial products. BOFA aims to create a compliant environment for financial innovation, bridging Pacific markets with emerging financial hubs in Asia, the Middle East, and Europe.
Together, BOGA and BOFA represent a strategic initiative to diversify Bougainville's economy, generate sustainable revenue, and encourage responsible international investment consistent with the region's move toward greater economic autonomy.
About the Bougainville Offshore Gaming Authority (BOGA):BOGA is the official regulator for offshore gaming and entertainment operations licensed under Bougainville law. It provides transparent, enforceable licensing frameworks designed to attract legitimate international operators while maintaining player protection and oversight integrity.
About the Bougainville Offshore Financial Authority (BOFA):BOFA serves as Bougainville's financial regulatory authority for offshore fintech, digital asset, and financial service activities. It facilitates the registration and compliance of offshore financial operators and supports responsible fintech innovation under robust AML and KYC standards.
Contact Details
Organization: Bougainville Offshore Financial Authority
Contact Person: Merrill Fabry
Website: https://bougainvilleofa.org
Email: Send Email [https://dashboard.kingnewswire.com/release-contact/38520]
City: Bougainville
Country: Papua new Guinea
Release Id: 05122538520
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