Ghana’s central bank aims to regulate cryptocurrencies by 2025, with a dedicated department to oversee the framework, reflecting the country’s proactive stance on managing crypto growth.
Ghana's central bank governor, Johnson Asiama, confirmed that the country intends to introduce legislation to regulate cryptocurrencies and virtual assets by December 2025. The bill has already been submitted to parliament, and a new department will be created to support the regulatory framework. This follows a surge in crypto adoption, with 3 million Ghanaians involved in $3 billion of cryptocurrency transactions between July 2023 and June 2024.