Bank of Ghana 🇬🇭 Plans New Crypto Rules to Protect Users and Strengthen the Economy

The Bank of Ghana is getting ready to bring a new set of rules for crypto platforms, and it plans to submit them to parliament by September.

These rules would require virtual asset platforms (like crypto exchanges) to get official licenses. The goal is to:

- Better control and monitor crypto trading

- Collect financial data

- Help improve cross-border trade

According to the central bank's governor, the lack of crypto regulation has caused many crypto transactions to stay outside the official financial system, This makes it harder to manage the local currency, the Ghanaian cedi. $BNB