Ghana Legalizes Crypto Trading with New Regulatory Framework
- Ghana has legalized crypto trading through the Virtual Asset Service Providers Bill, 2025.
- The law ensures individuals will not face arrest for trading cryptocurrencies.
- The regulation provides a structured framework to oversee digital asset activities and mitigate associated risks.
- Bank of Ghana Governor Dr. Johnson Asiamah emphasized that firms must adhere to licensing, supervision, and compliance requirements.
- The initiative aims to curb fraud and financial crime while promoting innovation and financial inclusion among young entrepreneurs.
- This move aligns Ghana with other African nations like Kenya in formalizing crypto oversight.
Ghana’s new law legalizing crypto trading under the Virtual Asset Service Providers Bill, 2025, establishes a regulatory framework to enhance consumer protection and financial stability. This development positions Ghana alongside countries like Kenya in advancing digital asset regulation.
Source (3.2)https://cryptobriefing.com/ghana-legalizes-crypto-trading-regulation-framework/?rand=59535
