Ghana needs to strengthen its regulatory and supervisory framework for crypto markets before new rules take effect in December 2026, the International Monetary Fund (IMF) said, warning that existing guidelines do not yet provide comprehensive oversight of a rapidly expanding market.

Ghana is the 5th largest crypto market in sub-Saharan Africa, with an estimated 8% to 17% of the population having bought or sold crypto and annual transactions of about $21 billion, the IMF said in a September 2026 technical assistance report. Stablecoins are growing rapidly driven mainly by crypto trading and inflation hedging while their use for cross-border settlement among businesses is also increasing. Retail remittance use…