🚨 CRYPTO REGULATION UPDATE: GHANA 🇬🇭
Ghana has officially taken a major step toward crypto adoption.
📜 What happened?
Ghana’s Parliament has passed the Virtual Asset Service Providers (VASPs) Bill, creating a legal framework for digital assets and crypto service providers.
🏛 Regulators involved:
• Bank of Ghana
• Securities & Exchange Commission (SEC)
Licensing and registration will be mandatory based on activity type.
🗓 What’s next?
According to Bank of Ghana Governor Johnson Asiama, full crypto regulation is targeted for December 2025, even as regulatory teams are still being formed.
📊 Why this matters:
• ~3 million Ghanaians actively trade crypto
• $3B+ traded between July 2023–2024
• Nearly 9% of the population involved in crypto
🔐 Big Picture:
This move signals Ghana’s commitment to a safe, transparent, and innovation-friendly crypto ecosystem, aligning with global regulatory standards.
🌍 Africa continues to lead in real-world crypto adoption.
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