Ghana’s crypto green light meets real-world Bitcoin adoption
Ghana’s move to formally regulate bitcoin and other crypto assets has opened the door for grassroots projects that already treat digital money as everyday currency.
At the end of last year, Ghana’s parliament passed the Virtual Asset Service Providers, or VASP, bill. Consequently, the law created a national framework for regulating bitcoin, crypto assets, and companies operating in the sector.
According to the Bank of Ghana, the central bank will work with the Securities and Exchange Commission to issue detailed rules in the coming months. Additionally, officials said the goal is to build a system that is safe, transparent, and open to innovation.
At a December 19 event, Bank of Ghana governor Dr. Johnson Asiama said crypto trading…
