Ghana to Regulate Crypto Exchanges with New Central Bank Framework | Firstpost Africa

Ghana to Regulate Crypto Exchanges with New Central Bank Framework |  Firstpost Africa

Ghana is set to introduce a comprehensive regulatory framework for cryptocurrency platforms and virtual asset service providers (VASPs), as announced by the Bank of Ghana. The move comes amid rising crypto adoption across the country, driven by tech-savvy youth using digital assets for remittances, savings, and cross-border payments. The central bank, in collaboration with the Financial Intelligence Centre and the Ministry of Finance, aims to establish licensing requirements, operational standards, and anti-money laundering safeguards. Governor Johnson Asiama stressed that the bank is not anti-innovation but focused on protecting financial stability while enabling the safe growth of the country’s digital financial ecosystem.

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