Ghana’s Crypto Revolution: Unveiling New Regulations by 2025!

Ghana Aims for Crypto Regulations by 2025

The Bank of Ghana plans to introduce crypto regulations by the end of 2025.Governor Johnson Asiama announced this during the International Monetary Fund meetings in Washington.

Asiama stated that the central bank has been working on a draft for the past four months. “We hope to regulate cryptocurrencies in Ghana by the end of December,” he said.The bill will help build oversight tools and capacity to monitor crypto flows.

The bank is also forming a new department to oversee the crypto sector. “We can no longer ignore it,” Asiama emphasized. Ghana first introduced draft guidelines in 2024 due to rising demand.

Over 3 million Ghanaians have engaged with cryptocurrencies. This surge is driven by a tech-savvy population and widespread internet access. The central bank aims to prevent abuse of the system.

Ghana has launched a digital sandbox for crypto firms to experiment under regulatory oversight. Earlier, Asiama noted that Ghana was “late in the game,” affecting the Ghanaian Cedi.

African nations are increasingly turning to crypto. kenya passed the Virtual Asset Service Providers Bill, 2025, introducing licensing and consumer protections. Nigeria started taxing crypto transactions and classified them as securities. Namibia granted provisional licenses to two crypto exchanges under its Virtual Assets Act.