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    President John Dramani Mahama says Ghana is on track to boast the best road network in West Africa within the next two years, driven by his government’s flagship Big Push infrastructure initiative.

    Mahama Projects Ghana to Have West Africa’s Best Roads Within Two Years

    The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

    BoG registers 100+ crypto firms under new regulation

    Inflation down to 8% as food prices ease — GSS

    Inflation down to 8% as food prices ease — GSS

    UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

    UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

    Sudanese Ambassador Seeks Ghana’s Support for Peace in Sudan

    Sudanese Ambassador Seeks Ghana’s Support for Peace in Sudan

    A ruling by the Commission on Human Rights and Administrative Justice (CHRAJ) has indicted former Commissioner-General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Owusu-Amoah, for procurement violations and administrative failures that allegedly led to financial losses of close to GHS 9 million.

    Ex-GRA Commissioner Found Culpable in GHS 9m Procurement Breach – CHRAJ

    The Minister for Education and Member of Parliament for Tamale South, Haruna Iddrisu, has underscored the critical role of digital skills in nation-building, urging young people to embrace technology as a tool for personal growth and national development.

    Ghana’s Future Is Digital — Haruna Iddrisu Urges Youth to Seize Tech Opportunities

    Former Minister for Lands and Natural Resources, Inusah Fuseini, has strongly condemned the alleged interference by the Member of Parliament (MP) for Asutifi North in a law enforcement operation involving suspected illegal miners.

    Inusah Fuseini Warns Against Politicians Shielding Illegal Miners

    Family of 7 Perish in Fire Outbreak at Dunkwa Akyempim in the Central Region

    Family of 7 Perish in Fire Outbreak at Dunkwa Akyempim in the Central Region

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    The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

    BoG registers 100+ crypto firms under new regulation

    Inflation down to 8% as food prices ease — GSS

    Inflation down to 8% as food prices ease — GSS

    Sudan RSF chief promises investigation as anger mounts over el-Fasher killings

    Sudan RSF chief promises investigation as anger mounts over el-Fasher killings

    New videos show executions after militia takes key Sudan city

    New videos show executions after militia takes key Sudan city

    A private legal practitioner and transport education expert, Lawyer Francis Acquah Annan has clarified growing confusion about the use of names on vehicle number plates in Ghana, explaining that what many believe to be personal names are, in fact, Personalised Identification Marks regulated by law.

    Lawyer Francis Acquah Annan explains Why Ghana’s Vehicle Number Plates Don’t Carry Names

    Biya holds on to title of world’s oldest ruler

    Biya holds on to title of world’s oldest ruler

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    President John Dramani Mahama says Ghana is on track to boast the best road network in West Africa within the next two years, driven by his government’s flagship Big Push infrastructure initiative.

    Mahama Projects Ghana to Have West Africa’s Best Roads Within Two Years

    The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

    BoG registers 100+ crypto firms under new regulation

    Inflation down to 8% as food prices ease — GSS

    Inflation down to 8% as food prices ease — GSS

    UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

    UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

    Sudanese Ambassador Seeks Ghana’s Support for Peace in Sudan

    Sudanese Ambassador Seeks Ghana’s Support for Peace in Sudan

    A ruling by the Commission on Human Rights and Administrative Justice (CHRAJ) has indicted former Commissioner-General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Owusu-Amoah, for procurement violations and administrative failures that allegedly led to financial losses of close to GHS 9 million.

    Ex-GRA Commissioner Found Culpable in GHS 9m Procurement Breach – CHRAJ

    The Minister for Education and Member of Parliament for Tamale South, Haruna Iddrisu, has underscored the critical role of digital skills in nation-building, urging young people to embrace technology as a tool for personal growth and national development.

    Ghana’s Future Is Digital — Haruna Iddrisu Urges Youth to Seize Tech Opportunities

    Former Minister for Lands and Natural Resources, Inusah Fuseini, has strongly condemned the alleged interference by the Member of Parliament (MP) for Asutifi North in a law enforcement operation involving suspected illegal miners.

    Inusah Fuseini Warns Against Politicians Shielding Illegal Miners

    Family of 7 Perish in Fire Outbreak at Dunkwa Akyempim in the Central Region

    Family of 7 Perish in Fire Outbreak at Dunkwa Akyempim in the Central Region

  • News
    • All
    • Africa News
    • Business
    • International
    • Local News
    The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

    BoG registers 100+ crypto firms under new regulation

    Inflation down to 8% as food prices ease — GSS

    Inflation down to 8% as food prices ease — GSS

    Sudan RSF chief promises investigation as anger mounts over el-Fasher killings

    Sudan RSF chief promises investigation as anger mounts over el-Fasher killings

    New videos show executions after militia takes key Sudan city

    New videos show executions after militia takes key Sudan city

    A private legal practitioner and transport education expert, Lawyer Francis Acquah Annan has clarified growing confusion about the use of names on vehicle number plates in Ghana, explaining that what many believe to be personal names are, in fact, Personalised Identification Marks regulated by law.

    Lawyer Francis Acquah Annan explains Why Ghana’s Vehicle Number Plates Don’t Carry Names

    Biya holds on to title of world’s oldest ruler

    Biya holds on to title of world’s oldest ruler

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Home Featured

Driver of ‘reckless’ Mercedes-Benz fined GHS 1,800

Mabel Boamah by Mabel Boamah
4 years ago
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Driver of 'reckless' Mercedes-Benz fined GHS 1,800
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The Kaneshie District Court has fined the driver of a black Mercedes-Benz who was seen in a viral video executing reckless stunts at Accra’s airport traffic light intersection GHS 1,800.

Kofi Sasa Buckman, the driver of the Mercedes-Benz, was apprehended by police on Sunday, October 24, for careless driving at the Airport intersection.

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He was charged with reckless driving and risky driving endangering other drivers.

He pled guilty to all of the allegations leveled against him.

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The defendant was scheduled to appear in court for the first time last Monday, but he became unwell, according to police.

He was subsequently taken to an undisclosed medical institution for observation.

In the video, he (Kofi Sasa) was seen stationary on hatch markings on the road besides cars that had stopped in response to the traffic light turning red.

He then drove into the center of the four-lane road and began driving in tight circles, which stunt drivers referred to as doughnuts, before rushing away while the signal was still red.

Read Also: Police deny deploying officers to arrest Xavier Sosu at his church

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Inflation down to 8% as food prices ease — GSS

Inflation down to 8% as food prices ease — GSS

November 6, 2025
The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

BoG registers 100+ crypto firms under new regulation

November 6, 2025
Government to procure 500 new buses for Metro Mass upgrade

Government to procure 500 new buses for Metro Mass upgrade

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Strong Confidence in Ghana's Financial Sector—82.6% of Banks Optimistic

Strong Confidence in Ghana’s Financial Sector—82.6% of Banks Optimistic

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President John Dramani Mahama says Ghana is on track to boast the best road network in West Africa within the next two years, driven by his government’s flagship Big Push infrastructure initiative.

Mahama Projects Ghana to Have West Africa’s Best Roads Within Two Years

0
The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

BoG registers 100+ crypto firms under new regulation

0
Inflation down to 8% as food prices ease — GSS

Inflation down to 8% as food prices ease — GSS

0
UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

0
President John Dramani Mahama says Ghana is on track to boast the best road network in West Africa within the next two years, driven by his government’s flagship Big Push infrastructure initiative.

Mahama Projects Ghana to Have West Africa’s Best Roads Within Two Years

November 6, 2025
The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

BoG registers 100+ crypto firms under new regulation

November 6, 2025
Inflation down to 8% as food prices ease — GSS

Inflation down to 8% as food prices ease — GSS

November 6, 2025
UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

November 6, 2025

Recent News

President John Dramani Mahama says Ghana is on track to boast the best road network in West Africa within the next two years, driven by his government’s flagship Big Push infrastructure initiative.

Mahama Projects Ghana to Have West Africa’s Best Roads Within Two Years

November 6, 2025
The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

BoG registers 100+ crypto firms under new regulation

November 6, 2025
Inflation down to 8% as food prices ease — GSS

Inflation down to 8% as food prices ease — GSS

November 6, 2025
UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

UCC Hospital Ranked Best in Central Region After Scoring 98.7% in 2025 Peer Review

November 6, 2025

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Recent News

President John Dramani Mahama says Ghana is on track to boast the best road network in West Africa within the next two years, driven by his government’s flagship Big Push infrastructure initiative.

Mahama Projects Ghana to Have West Africa’s Best Roads Within Two Years

November 6, 2025
The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

BoG registers 100+ crypto firms under new regulation

November 6, 2025
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