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November 10, 2025

The Ministry of Foreign Affairs has announced a significant reduction in passport application fees, lowering the cost from GH₵500 to...

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

November 7, 2025

The Central Regional President of the Mfantsipim Old Boys Association (MOBA), Dr. Kenneth Shelton Aikins, says Mfantsipim School’s victory in...

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

November 7, 2025

Economist and Senior Lecturer at the University of Ghana Business School, Prof. Patrick Asuming, has urged government to increase investment...

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

The State Funeral for the late Former First Lady Nana Konadu Agyeman-Rawlings is scheduled for November 28, 2025, at the...

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

Minister for Fisheries and Aquaculture Development, Emelia Arthur, has reaffirmed the government’s commitment to completing the Anomabo Fisheries College, a...

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

General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has called on President John Dramani Mahama to declare...

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

President John Dramani Mahama says Ghana is on track to boast the best road network in West Africa within the...

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.

Business

BoG registers 100+ crypto firms under new regulation

by Mabel Boamah

The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework...

Business

Inflation down to 8% as food prices ease — GSS

by Mabel Boamah

Ghana’s inflation rate has dropped to 8 percent, the lowest in more than four years, as food prices continue to...

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