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Techub News, according to Bloomberg, the Ghana Securities and Exchange Commission has designated 11 companies to participate in a virtual asset trading pilot for 12 months, allowing these companies to test products and services in a controlled environment. The companies participating in the pilot include five exchanges: Hyro Exchange, Hanypay, HSB Global, Koinkoin, and WhiteBit; Vaulta, XChain, and Bsystem will participate in global asset tokenization; Africoin will participate in tokenized gold, Blu Penguin will participate in tokenized payment systems, and GoldBod will serve as the custodian for all gold-backed securities. Companies that complete 6 months of pilot participation and whose products and services meet regulatory requirements will receive a formal license.
Techub News, according to Cointelegraph, Blockchain.com is set to enter the Ghanaian market. Following the launch of its Nigerian retail business last year, the company's brokerage trading volume surged by over 700%, with Bitcoin, USDT, and TRX being the most actively traded assets on the platform. The company stated it is collaborating with Ghanaian officials and regulators to establish a regulatory framework and has already appointed a local compliance representative; given the widespread use of mobile payments in Ghana, integration with the mobile payment ecosystem will be a key focus.
Techub News reports, according to Bloomberg, Ghana's parliament has passed the "Virtual Asset Service Provider Bill" in response to concerns over the expanding use of crypto assets locally amid a lack of regulation. Johnson Asiama, the Governor of the Bank of Ghana, stated that the bill will facilitate the licensing of cryptocurrency platforms and the regulation of related activities.
Techub News, according to Cointelegraph, Ghana's central bank governor Johnson Asiama stated at an International Monetary Fund meeting that the country will introduce comprehensive crypto regulatory laws by the end of 2025. The relevant bill is currently being submitted to parliament, and regulation of cryptocurrency is expected to be completed before December.
Techub News, according to Bloomberg, Ghana's central bank governor Johnson Asiama said on the sidelines of the International Monetary Fund (IMF) meetings in Washington on Thursday that Ghana expects to introduce a law regulating cryptocurrency and virtual assets by the end of December. Asiama said: "This is an important area, and we must strengthen regulation and monitor these transactions. We have prepared the regulatory framework and introduced a new bill to regulate virtual assets. The bill has been submitted to parliament and is expected to be passed by the end of December, at which point we will be able to regulate cryptocurrency in Ghana."
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