according to Bloomberg, the Ghanaian Parliament has approved a cryptocurrency legalization bill aimed at addressing the expanding use of cryptocurrencies in the country but the lack of regulation. According to Johnson Asiamah, Governor of the Bank of Ghana, the newly passed Virtual Asset Service Providers Act will facilitate the licensing of crypto platforms and the regulation of related activities.

Previously, the Governor of the Bank of Ghana stated that cryptocurrency regulatory regulations will be introduced by the end of 2025.