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Ghana Legalizes Crypto Trading with New Regulatory Framework

Ghana Legalizes Crypto Trading with New Regulatory Framework

Author:

Global Cryptocurrency

Published:

2025-12-24 06:48:01

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BTCCSquare news:

Ghana’s parliament has passed landmark legislation to regulate cryptocurrency, marking a decisive shift from the central bank’s previous caution toward digital assets. The VIRTUAL Asset Service Providers bill establishes licensing requirements for crypto platforms, with oversight shared between the Bank of Ghana and the Securities and Exchange Commission.

Governor Johnson Asiama framed the move as a balancing act—embracing innovation while mitigating risks from unregulated trading. The law’s implementation timeline remains pending as regulators finalize operational details. Market observers anticipate reduced compliance costs for financial institutions engaging with crypto under the new rules.

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