Ghana Legalizes Bitcoin and Crypto Trading Under New Legal Framework
PositiveCryptocurrency
- Ghana has officially legalized cryptocurrency trading by passing the Virtual Asset Service Providers Bill, 2025, which empowers the central bank to regulate and license crypto service providers. This legislative move aims to enhance the security and legitimacy of digital asset transactions in the country.
- The legalization of crypto trading is significant for Ghana as it positions the nation within the global cryptocurrency landscape, potentially attracting investment and fostering innovation in the financial sector. This framework is expected to mitigate fraud and systemic risks associated with unregulated digital asset activities.
- This development reflects a broader trend where countries are increasingly recognizing and regulating cryptocurrencies, as seen in the UK and the U.S., where similar legislative measures have been enacted. The global shift towards embracing digital assets highlights the growing integration of cryptocurrencies into mainstream financial systems and the need for regulatory clarity to protect investors.
— via World Pulse Now AI Editorial System
