Bank of Ghana headquarters
The Bank of Ghana has welcomed the passage of the Virtual Asset Service Providers (VASPs) Bill, which seeks to pave the way for the regulation of virtual assets and related activities in Ghana.
The announcement follows the passage of the Bill in Parliament. The new law establishes a comprehensive legal framework for overseeing virtual assets and Virtual Asset Service Providers operating in the country.
The effective date of the Act is yet to be announced by the Bank of Ghana and the Securities and Exchange Commission.
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Under the legislation, individuals and entities engaged in virtual asset activities will be required to obtain the appropriate licence or registration from either the Bank of Ghana or the Securities and Exchange Commission (SEC), depending on the nature of their operations.
In a statement issued on December 22, 2025, the Central Bank reiterated, “The Bank and SEC will issue directives and regulatory instruments in the coming months to operationalise the Act, providing guidance for applicants and clarifying requirements.”
The Bank of Ghana also noted that it will work closely with the SEC to ensure the smooth implementation of the Act.
The BoG and the SEC reaffirmed their commitment to fostering a safe, transparent, and innovative virtual asset ecosystem, while ensuring the protection of users and safeguarding the integrity of Ghana’s financial system.
MA
Source:
www.ghanaweb.com
