• The Bank of Ghana ordered banks and payment providers to immediately stop supporting unapproved foreign-currency digital wallets offered by crypto platforms.
• The regulator said these services may breach the Payment Systems and Services Act 2019 and the Foreign Exchange Act 2006.
• Financial institutions that fail to comply face regulatory action, while the central bank continues handling virtual asset registration enquiries.

The Bank of Ghana directed regulated financial institutions to immediately stop supporting foreign-currency digital wallets offered by cryptocurrency platforms that lack regulatory approval.

The order follows concerns that some crypto platforms have been offering US dollar-denominated wallet services through integrations…