The Bank of Ghana, which is the Central Bank of Ghana, has issued formal notice requiring all Virtual Asset Service Providers (VASPs) operating within the jurisdiction of the Republic of Ghana to register with the bank.
THE BANK OF GHANA ISSUES MANDATORY REGISTRATION OF VIRTUAL ASSET SERVICE PROVIDERS OPERATING IN GHANA @thebankofghana pic.twitter.com/FZ2vQyLLWg
— BitKE (@BitcoinKE) July 10, 2025
According to the apex bank:
“This registration is part of a preliminary regulatory process to identify and to assess entities engaging in virtual asset activities, including but not limited to:
Virtual asset exchange services
Wallet provision or custody services
Transfer or settlement services involving virtual assets, and
Services related to the issuance or sale of virtual assets, including initial coin offerings (ICOs) and stablecoins”
The bank says the registration exercise will help ensure that “the forthcoming legal and regulatory frameworks for VASPs are informed by market developments and aligned with international best practices.”
The banks has issued a registration deadline of August 15 2025 saying that:
Registration is compulsory with failure to comply resulting in regulatory sanctions or disqualification from future licensing
Registration does not constitute a license to operate, nor does it imply legal recognition or approval
The Bank of Ghana reserves the right to issue further directives based on the outcome of this assessment
Stay tuned to BitKE for deeper insights into the evolving Ghanaian and African crypto space.
Join our WhatsApp channel here.
Follow us on X for the latest posts and updates
Join and interact with our Telegram community
________________________________________________
