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Bank of Ghana to regulate cryptocurrency by late 2025

cryptonews100_tggfrn by cryptonews100_tggfrn
April 27, 2025
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Bank of Ghana to regulate cryptocurrency by late 2025
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Johnson Asiama

twenty seventh April 2025 – (Washington) Throughout remarks in Washington, D.C., Johnson Asiama, the Governor of the Bank of Ghana (BOG), revealed plans to regulate cryptocurrency and associated platforms by the top of September 2025. This initiative is contingent upon the passage of the Digital Asset Suppliers Act, which is presently beneath assessment.

The Bank of Ghana is establishing a specialised digital property unit, recognizing that cryptocurrency expertise can’t be totally averted. It is a important shift from the BOG’s 2018 public discover, which acknowledged that cryptocurrencies weren’t acknowledged beneath Ghanaian legislation and suggested in opposition to their use.

Asiama additionally outlined broader methods to strengthen U.S.-Africa commerce and funding relationships. He highlighted key priorities resembling enhancing macroeconomic credibility, enhancing monetary system resilience, fostering strategic autonomy, and mitigating dangers.

Moreover, the Director-Normal of Ghana’s Securities and Change Fee has beforehand indicated progress in growing a regulatory framework for cryptocurrency, signalling a unified effort towards oversight within the digital property area.








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