Bank of Ghana Advances Virtual Asset Regulatory Framework with Draft VASP Bill
The Bank of Ghana (BoG) has announced significant progress in establishing a comprehensive regulatory framework for virtual asset activities in the country.
In collaboration with the Securities and Exchange Commission (SEC) and the Financial Intelligence Centre (FIC), the Bank has completed the drafting of the Virtual Asset Service Providers (VASP) Bill, which is currently advancing through processes leading to consideration by Parliament.
According to the Bank, the draft bill has undergone extensive review by industry stakeholders, state institutions, and international development partners to ensure it is robust, market-relevant, and fit for purpose.
As part of the preparatory measures, the BoG in July 2025 conducted a mandatory registration exercise for all virtual asset service...