Close Menu
Breaking News in Technology & Business – Tech Geekwire

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    CMS Announces 6-Year Prior Authorization Program Pilot

    July 5, 2025

    Best Buy Sells Health Tech Startup Current Health

    July 5, 2025

    Modernizing Government through Technology and Institutional Design

    July 5, 2025
    Facebook X (Twitter) Instagram
    Breaking News in Technology & Business – Tech GeekwireBreaking News in Technology & Business – Tech Geekwire
    • New
      • Amazon
      • Digital Health Technology
      • Microsoft
      • Startup
    • AI
    • Corporation
    • Crypto
    • Event
    Facebook X (Twitter) Instagram
    Breaking News in Technology & Business – Tech Geekwire
    Home ยป Bank of Ghana to Regulate Cryptocurrency by September 2025
    Crypto

    Bank of Ghana to Regulate Cryptocurrency by September 2025

    techgeekwireBy techgeekwireApril 24, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email

    Bank of Ghana to Launch Cryptocurrency Regulation by September 2025

    The Bank of Ghana (BoG) is preparing to regulate cryptocurrency and related platforms by the end of September 2025, as announced by Governor Dr. Johnson Asiama at the African Leaders and Partners Forum in Washington, D.C. This move aims to bring oversight to the rapidly growing crypto space in Ghana and better protect users and the financial system.

    The regulation is contingent upon the passage of the Virtual Asset Providers Act, which will grant the BoG the legal authority to license and oversee crypto platforms. To facilitate this, a new digital assets unit is being established within the central bank.

    “This is a technology we cannot prevent, hence the need to move fast to regulate it,” Dr. Asiama emphasized. The Securities and Exchange Commission (SEC) is also working on crypto regulations, having made significant progress toward building a regulatory framework as of March this year.

    This development follows the BoG’s 2018 warning that cryptocurrencies like Bitcoin were not recognized under Ghanaian law. Dr. Asiama views crypto regulation as part of a broader effort to boost investor confidence and reposition Africa in the global economy. The BoG is concurrently pushing policies to reduce inflation, build reserves, and improve fiscal discipline.

    Central banks across Africa are pursuing transparency and bold reforms to attract productive capital flows. The next steps include Parliament passing the Virtual Asset Providers Act, after which the BoG and SEC will coordinate to launch a regulatory regime before the fourth quarter of 2025.

    As Dr. Asiama noted, “To enhance the regulation of these platforms and assets, the Bank of Ghana is establishing a dedicated unit focused on digital assets.” This move signals a significant shift in Ghana’s approach to cryptocurrency regulation and oversight.

    Bank of Ghana building
    Bank of Ghana building
    Bank of Ghana cryptocurrency regulation
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    techgeekwire
    • Website

    Related Posts

    CMS Announces 6-Year Prior Authorization Program Pilot

    July 5, 2025

    Best Buy Sells Health Tech Startup Current Health

    July 5, 2025

    Modernizing Government through Technology and Institutional Design

    July 5, 2025

    Proposed ‘Frontier Valley’ Tech Zone Planned Near San Francisco

    July 5, 2025

    L.A.’s Thriving Crypto VC Scene: A Shift Towards Mainstream Acceptance

    July 5, 2025

    Broadcom’s Quiet Push for AI Infrastructure Dominance

    July 5, 2025
    Leave A Reply Cancel Reply

    Top Reviews
    Editors Picks

    CMS Announces 6-Year Prior Authorization Program Pilot

    July 5, 2025

    Best Buy Sells Health Tech Startup Current Health

    July 5, 2025

    Modernizing Government through Technology and Institutional Design

    July 5, 2025

    Proposed ‘Frontier Valley’ Tech Zone Planned Near San Francisco

    July 5, 2025
    Advertisement
    Demo
    About Us
    About Us

    A rich source of news about the latest technologies in the world. Compiled in the most detailed and accurate manner in the fastest way globally. Please follow us to receive the earliest notification

    We're accepting new partnerships right now.

    Email Us: info@example.com
    Contact: +1-320-0123-451

    Our Picks

    CMS Announces 6-Year Prior Authorization Program Pilot

    July 5, 2025

    Best Buy Sells Health Tech Startup Current Health

    July 5, 2025

    Modernizing Government through Technology and Institutional Design

    July 5, 2025
    Categories
    • AI (2,698)
    • Amazon (1,056)
    • Corporation (991)
    • Crypto (1,132)
    • Digital Health Technology (1,082)
    • Event (526)
    • Microsoft (1,230)
    • New (9,582)
    • Startup (1,167)
    © 2025 TechGeekWire. Designed by TechGeekWire.
    • Home

    Type above and press Enter to search. Press Esc to cancel.