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BTCC / BTCC Square / Global Cryptocurrency /
Ghana Moves to License Crypto Platforms Amid Surging Demand

Ghana Moves to License Crypto Platforms Amid Surging Demand

Author:
Global Cryptocurrency
Published:
2025-07-24 10:47:02
9
1
BTCCSquare news:

Ghana's central bank is finalizing regulatory frameworks to license cryptocurrency platforms, targeting parliamentary submission by September. The move aims to capture untaxed revenue streams and stabilize the volatile cedi, which swung from a 20% loss in 2024 to a 40% gain against the dollar this year.

Governor Johnson Asiama highlighted crypto's disruptive impact on monetary policy, with $3 billion in annual transactions escaping financial oversight. Nearly one-fifth of Ghanaian adults now hold digital assets—a trend mirrored across sub-Saharan Africa's $125 billion crypto market.

|Square

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