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REGULATION | 👇 👇 👇 👇 👇 👇 👇 👇 Ghana to Introduce Blockchain Tracking System in Gold Sector Reforms

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This initiative aims to streamline the sector, which has long struggled with fragmented oversight and overlapping regulatory roles.

$SHIB

, 2025

$UMA

The Ghanaian government is implementing a blockchain-based gold tracking system as part of its efforts to restructure the gold sector and combat illegal exports, local reports indicate.

In a television interview with Accra-based Joy News, the acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, said the approach is tied to the Gold Board Bill currently before Parliament.

The bill proposes establishing a new Gold Board to oversee gold purchases from small-scale miners, regulate pricing, and curb smuggling.