Ghana Central Bank Governor: Ghana is finalizing the regulation framework for Crypto Assets trading.

robot
Abstract generation in progress

PANews, July 15th news, according to Bloomberg, the Governor of the Bank of Ghana, Johnson Asiama, stated that Ghana is developing a plan to hedge gold export prices, aimed at protecting the export revenues that drive the rise in the Central Bank's forex reserves from future price fluctuations. Additionally, Asiama mentioned that Ghana is finalizing a regulatory framework for crypto asset trading to formally include exchanges and other digital asset platforms under regulation. He said, "In fact, crypto assets have a significant impact in Ghana; we can turn a blind eye to it, but the reality is that it is having an effect." He indicated that regulation will enable the Central Bank to bring virtual money under its AML and counter-terrorism financing rules and ensure that digital innovation supports rather than undermines forex controls and currency stability.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)