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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
The Bank of Ghana has announced that it has made some significant progress towards having parliament consider the Virtual Asset Service Providers (VASP) bill.
This bill will, among other things, seek to regulate the activities of cryptocurrency trading and establish a formal structure for their operations and transfer activities as well as custody business.
The Central Bank disclosed this in a statement on October 1, 2025, to update the market on the Virtual Assets Service Providers Bill.
The regulator revealed that it has completed the drafting of the Virtual Asset Service Providers (VASP) Bill while working closely with the Securities and Exchange Commission (SEC) and the Financial Intelligence Centre (FIC).
Source: newsthemegh.com