As per Coinomedia, Ghana has passed the Virtual Asset Service Providers (VASP) Bill, legalizing and regulating crypto services. The law aims to combat money laundering, boost adoption, and attract crypto businesses by providing legal clarity. It establishes a regulatory framework for crypto exchanges, wallets, and payment platforms, positioning Ghana as one of the first African countries to regulate digital assets in a structured manner.
Ghana Legalizes Crypto With New VASP Bill
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Summary
Ghana has passed the VASP regulation bill, legalizing and regulating virtual asset services. The law introduces crypto asset classification, aiming to prevent money laundering and encourage adoption. It sets a framework for exchanges, wallets, and payment platforms, offering legal clarity to attract crypto businesses. The move makes Ghana one of the first African countries to regulate digital assets in a structured way.
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