The Central Bank of Ghana aims to have regulations on cryptocurrencies by December.

2025-10-17 05:16:22

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The Central Bank of Ghana (BoG) plans to issue regulations on cryptocurrency before the end of 2025, after presenting a bill to Parliament — just a week after Kenya passed a similar law. The Governor of BoG, Mr. Johnson Asiama, stated that the country has finalized the legal framework over the past four months and emphasized that the ability to monitor cryptocurrency flows will be a key focus.

Although there are no official regulations yet, about 3 million Ghanaians (, 8.9% of the population ) have used cryptocurrencies. The BoG is currently operating a “digital sandbox” for companies to test related products.

Experts warn that Ghana needs to act quickly to avoid falling behind Nigeria, Kenya, South Africa, and Rwanda, countries that have deployed CBDCs and regulated exchanges. According to them, delays could result in Ghana missing opportunities for tax collection, innovation, and developing a digital economy.

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