Bank of Ghana Greenlights Crypto; Virtual Asset Trading Now Legal in Ghana
- The Bank of Ghana has officially legalized virtual asset trading.
- Governor Dr. Johnson Pandit Asiama confirmed that cryptocurrency activities are now permitted.
- Individuals engaged in crypto transactions will no longer face arrest.
The legalization of virtual asset trading by the Bank of Ghana represents a significant shift in the regulatory landscape, fostering innovation while ensuring necessary oversight. However, the emphasis on responsibility and vigilance indicates that stakeholders must be prepared for stringent compliance measures, which could impact operational flexibility.
