Dr. Johnson AsiamaGhana is set to begin regulating cryptocurrency platforms and digital asset providers by the end of September 2025, according to Bank of Ghana Governor Dr. Johnson Asiama.
The move comes on the heels of the recent passage of the Virtual Asset Providers Act, which grants the central bank the authority to oversee and license operations within the virtual asset ecosystem.
“To enhance the regulation of these platforms and assets, the Bank of Ghana is establishing a dedicated unit focused on digital assets,” Dr. Asiama revealed. “This is a technology we cannot prevent, hence the need to move fast to regulate it.”
He made these remarks while speaking at the African Leaders and Partners Forum, hosted by the EBII Group on the sidelines of the IMF/World Bank Spring Meetings in Washington, DC. The forum gathered key stakeholders in finance, trade, and agriculture from Africa, the United States, Europe, and the Americas to discuss strategies for strengthening economic ties between Africa and the U.S.
Addressing the audience, Dr. Asiama underscored the importance of restoring macroeconomic credibility and ensuring strategic autonomy as Africa seeks to reposition itself within the global economic framework.
“This is one of four key proposals from the Bank of Ghana on how to reshape US-Africa engagement,” he noted. “Policies are being implemented to reduce and stabilise inflation, build reserves, and consolidate fiscal discipline.”
Dr. Asiama further stated that central banks across Africa are initiating bold reforms aimed at improving transparency, reinforcing institutional independence, and boosting overall credibility.
He stressed that enhancing the resilience of financial systems and strengthening risk management frameworks are essential for attracting sustainable investment and safeguarding economic stability.
