- Ghanaian Parliament bill aims to regulate cryptocurrency use by licensing platforms.
- Ghana’s Bank Governor intends to regulate cryptocurrencies by year’s end.
- No confirmed enactment; bill expected to address unregulated crypto exchanges.
The Ghanaian Parliament has reportedly approved a cryptocurrency legalization bill, aiming to regulate the increasing use of digital assets in the country, as noted by Bank of Ghana officials.
The legislation is expected to introduce licensing for crypto platforms, which may impact market operations and consumer protection in Ghana’s growing cryptocurrency landscape.
Ghana Targets Unregulated Crypto Markets with New Bill
Bloomberg reports Ghanaian Parliament‘s passage of a cryptocurrency regulatory bill. This is a pivotal step amidst increasing control over digital assets. Governor Johnson Asiamah expressed intentions to finalize frameworks by 2025’s end, adding layers to the legal front.
With the bill came regulatory shifts, especially within the Virtual Asset Service Providers framework. This advancement promises to license crypto exchanges, aiming to reduce unregulated trade and ensure compliance with Ghana’s financial policies.
Notably, market observers anxiously wait for official enactment. Governor Asiamah has not provided further details. Meanwhile, industry stakeholders echoed the need for transparency in integrating digital currencies into Ghana’s economy.
Cryptocurrency Regulation in Ghana: Expert Analysis and Data
Did you know? In dec. 2025, Ghana’s regulatory initiatives echo Kenya’s 2025 Virtual Asset Service Providers Bill, illustrating Africa’s shifting stance towards crypto oversight.
As per CoinMarketCap, Bitcoin (BTC) currently holds a price of $89,782.53, commanding a market cap of $1.79 trillion. This digital asset represents 59.14% of the market, with a trading volume shift of 72.74%, illustrating fluctuating activity over the past 24 hours.
The Coincu research team suggests this regulatory action may trigger growth in security protocols and technological innovations, emphasizing risk management and compliance. Experts speculate potential enhancements in national KYC and AML practices across the region. Governor Johnson Asiamah shared, “That bill is on its way to parliament, hopefully before the end of December, we should be able to regulate cryptocurrencies in Ghana.”
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Source: https://coincu.com/news/ghana-parliament-crypto-bill-approval/
