tldr; Ghana’s central bank plans to implement cryptocurrency regulations by December 2023, with a bill currently advancing to parliament. Governor Johnson Asiama stated that significant progress has been made in creating a regulatory framework over the past months. The regulations aim to address the growing use of cryptocurrencies in Ghana, where over 3 million people are estimated to use crypto. The Bank of Ghana is also running a digital sandbox for companies to experiment with cryptocurrency, emphasizing the need for monitoring and preventing system abuse.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ieatmoondust on
“Tiny, if true.”
Odd-Radio-8500 on
I hope the rules are not too strict. Otherwise, it’ll slow the adoption.
3 Comments
tldr; Ghana’s central bank plans to implement cryptocurrency regulations by December 2023, with a bill currently advancing to parliament. Governor Johnson Asiama stated that significant progress has been made in creating a regulatory framework over the past months. The regulations aim to address the growing use of cryptocurrencies in Ghana, where over 3 million people are estimated to use crypto. The Bank of Ghana is also running a digital sandbox for companies to experiment with cryptocurrency, emphasizing the need for monitoring and preventing system abuse.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
“Tiny, if true.”
I hope the rules are not too strict. Otherwise, it’ll slow the adoption.
^(!tip 1)