Global #Bank of Ghana

The Bank of Ghana (BoG) has introduced a set of draft regulations aimed at governing the use of cryptocurrencies in the country. This move reflects the central bank's response to the growing popularity and usage of digital assets in Ghana, signaling its commitment to fostering a regulatory environment that supports financial inclusion and stability.

In the global push to regulate cryptocurrencies, Ghana has emerged as a proactive player by drafting new guidelines for digital assets.

On August 16, 2024, the Bank of Ghana (BoG) unveiled a set of draft guidelines aimed at regulating digital assets, including prominent cryptocurrencies like Bitcoin (BTC) and Tether (USDT). This move follows a comprehensive internal review and reflects the central bank's response to the growing interest and risks associated with the crypto market in Ghana.