At an IMF meeting, Governor Johnson Asiama announced plans for cryptocurrency regulations in Ghana by December 2025. A new bill is on its way to Parliament as part of efforts to address the increasing interest in cryptocurrencies among the population.
The Bank of Ghana’s draft legislation from August 2024 outlines an eight-pillar regulatory framework focusing on enhanced registration and reporting for exchanges and virtual asset service providers, aiming to formalize the crypto market.
Currently, around 3 million Ghanaians are engaged in cryptocurrency usage, representing nearly 9% of the nation’s population, reflecting a significant interest in digital assets.
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