Based on Cryptofrontnews, Ghana has officially legalized cryptocurrency trading with the passage of the Virtual Asset Service Providers Bill. The Bank of Ghana will now license and regulate crypto businesses, enhancing consumer protection and market safety. The new framework aims to foster innovation and financial inclusion, particularly among youth and tech entrepreneurs. Ghana’s move aligns with its position as one of the top five Sub-Saharan African nations for crypto value received in 2024–2025.
Ghana Legalizes Cryptocurrency Trading With New Regulatory Framework
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Summary
Ghana has legalized cryptocurrency trading under a new regulatory framework that includes a compliance framework to ensure market integrity. The Virtual Asset Service Providers Bill grants the Bank of Ghana authority to license and supervise crypto firms, with a focus on Countering the Financing of Terrorism. The move supports innovation and financial inclusion, targeting youth and tech entrepreneurs. Ghana ranks among the top five Sub-Saharan African countries for crypto value received in 2024–2025.
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