The African country introduces a comprehensive framework for cryptocurrency trading, with the Central Bank as the supervisory authority.
According to a report from local news outlet GhanaWeb, Ghana has approved legislation that officially recognizes digital asset trading within its territory.
The Ghanaian Parliament has passed the Virtual Asset Service Providers Bill, a law establishing a regulatory framework dedicated to the digital asset industry. The announcement was made by the Governor of the Bank of Ghana (BoG), Johnson Asiama, during a public event.
“Virtual asset trading is now legal, and no one will be arrested for engaging in cryptocurrency,” Asiama said. “We now have a a framework to manage the risks involved.”
The timing of the approval aligns with previous communications from the Central Bank, which had set the end of 2025 as the target for introducing regulation.
With the new law in effect, the Bank of Ghana becomes the main supervisory authority for all cryptocurrency-related activities. The institution will have the power to issue licenses and oversee digital asset service providers (CASPs).
According to Governor Asiama, the law will allow Ghana to “better protect consumers from fraud, money laundering, and systemic risks, while also removing uncertainty around the legal status of cryptocurrencies.” He also highlighted that the regulation is designed to support innovation and expand financial inclusion in the country.
According to Chainalysis’ 2025 Geography of Cryptocurrency Report, Ghana ranks among the top five sub-Saharan African countries in total digital asset value received between July 2024 and June 2025.
Nigeria continues to dominate the regional landscape, recording at least $92 billion in crypto value during the same period—nearly three times that of South Africa. The sub-Saharan region as a whole received over $205 billion in on-chain value, marking a 52% increase compared to the previous year.
