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    Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

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    Mfantsipim’s NSMQ Win Boosts Educational Pride in Central Region – MOBA Regional President

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    Emelia Arthur Reaffirms Govt’s Commitment to Completing Anomabo Fisheries College

    General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has called on President John Dramani Mahama to declare a state of emergency over the worsening illegal mining menace, popularly known as galamsey.

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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

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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

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    Public sector salaries up 9%; minimum wage now GH¢21.77

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    Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

    Mfantsipim’s NSMQ Win Boosts Educational Pride in Central Region – MOBA Regional President

    Mfantsipim’s NSMQ Win Boosts Educational Pride in Central Region – MOBA Regional President

    Economist and Senior Lecturer at the University of Ghana Business School, Dr. Patrick Asuming, has urged government to increase investment in irrigation infrastructure as a long-term strategy to maintain Ghana’s single-digit inflation.

    Irrigation, Not Rain, Can Keep Inflation Low — Prof. Asuming

    State Funeral for Former First Lady Nana Konadu Agyeman-Rawlings Set for November 28

    State Funeral for Former First Lady Nana Konadu Agyeman-Rawlings Set for November 28

    Minister for Fisheries and Aquaculture Development, Emelia Arthur, has reaffirmed the government’s commitment to completing the Anomabo Fisheries College, a project first conceptualized by the late President Prof. John Evans Atta Mills and later advanced by former President John Dramani Mahama in 2013.

    Emelia Arthur Reaffirms Govt’s Commitment to Completing Anomabo Fisheries College

    General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has called on President John Dramani Mahama to declare a state of emergency over the worsening illegal mining menace, popularly known as galamsey.

    Declare State of Emergency on Galamsey Now — NPP’s Kodua Tells Mahama

    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

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    Nurse gets life in prison for killing 10 elderly patients

    Nurse gets life in prison for killing 10 elderly patients

    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

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    Inflation down to 8% as food prices ease — GSS

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Kweku Flick Shares How He Outsmarted a Fraudster After Being Scammed in Kumasi

Eugene Okyere by Eugene Okyere
8 months ago
in E-News
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Kweku Flick Shares How He Outsmarted a Fraudster After Being Scammed in Kumasi
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Ghanaian rapper Kweku Flick shares how he outsmarted a fraudster in Kumasi after being scammed with fake phone tiles, igniting discussions on street justice and self-defense tactics.

During an interview on the Okukuseku Talk Show with actress Emelia Brobbey, Flick recounted a surprising experience from his teenage years involving a phone scam and his daring act of retaliation.

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The “Money” hitmaker recalled being duped while in his final year of Junior High School (JHS 3) in Kumasi’s busy Adum PZ area.

Scammed with a Fake Phone
Flick explained that it was his first visit to Adum PZ to buy shoes when a stranger approached him with an enticing phone deal.

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“Someone came up to me, claiming to be in a hurry and urging me to buy the phone quickly. I traded my phone along with some of my school fees,” he said.

To his disappointment, when he opened the package later, he found it contained glued floor tiles instead of a phone.

ICYMT: Slot Plays Down Liverpool Worries

“By the time I finally opened it, I realized I had been tricked,” he revealed.

Determined to get his revenge, Flick returned to the area, hoping to confront the scammer or find another one in action.

“I saw another guy doing the same thing. He approached me with a similar story, but this time I was ready. I showed interest in buying the phone and asked him for the PIN to unlock it,” he recounted.

Once he accessed the phone, Flick quickly sought assistance.

“I noticed an older man approaching and ran to him, claiming the seller was a thief trying to steal my phone,” he continued.

When the man asked for proof of ownership, Flick easily unlocked the phone. The older man restrained the alleged fraudster, allowing Flick to make his escape.

“I did, and the man held the seller while I ran. They chased me from Adum PZ to the Kumasi Cultural Centre, but I managed to get away,” he added with a chuckle.

Though the incident was traumatic at the time, it remains a memorable story from the artist’s youth, illustrating both the risks of street scams and the cleverness he demonstrated even as a teenager.

SOURCE: PULSE GHANA

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