Ghana Central Bank to Propose Crypto Rules by September | Live Bitcoin News

Ghana's central bank is developing comprehensive cryptocurrency regulations to license virtual asset platforms, as reported by Bank of Ghana Governor Johnson Asiama. With approximately 17% of Ghanaian adults already using cryptocurrencies, the country aims to create a balanced regulatory framework that protects investors while fostering innovation. The new legislation will be submitted to parliament by September 2025, positioning Ghana as a potential leader in Africa's digital finance sector.

The regulations focus on leveraging blockchain technology to enhance cross-border trade, attract investment, and improve financial data collection. Ghana is exploring RippleNet integration to facilitate faster, cheaper international payments alongside its digital currency e-Cedi. All Virtual Asset Service Providers must register with the central bank by August 15, 2025.

• New crypto framework aims to boost cross-border trade and investment opportunities
• All cryptocurrency firms must complete mandatory registration by August 2025
• Ghana exploring RippleNet blockchain integration for enhanced payment systems
• Regulations seek to balance investor protection with continued financial innovation