Ghana’s central bank is taking a major step toward regulating the cryptocurrency sector, with plans to introduce a comprehensive legal framework by the end of 2025. Governor Johnson Asiama confirmed that a new bill has already been advanced to parliament and is expected to be tabled before December. The legislation will lay the foundation for oversight tools and capacity-building, ensuring the central bank can effectively monitor digital asset activities.

Speaking at the International Monetary Fund’s meetings in Washington, Asiama revealed that a dedicated department is being established to handle crypto regulation. He emphasized that Ghana can no longer ignore the growing role of digital assets, noting that over 3 million Ghanaians have already engaged in crypto trading. The central bank has also launched a digital sandbox to allow selected firms to test blockchain and crypto solutions under supervision.

Across Africa, nations are rapidly embracing crypto regulation. Kenya, Nigeria, and Namibia have already introduced frameworks, licensing regimes, and taxation measures. Ghana’s move signals its intent to protect consumers, stabilize its financial system, and strengthen oversight while embracing innovation.

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