Bank of Ghana Orders Mandatory Registration for All Crypto Firms
2025-07-13 08:45:20
Main Idea
The Bank of Ghana (BOG) has mandated the registration of all Virtual Asset Service Providers (VASPs) by August 15, 2025, to regulate crypto activities and align with international standards.
Key Points
1. The Bank of Ghana requires all Virtual Asset Service Providers (VASPs) to register by August 15, 2025.
2. The registration covers a broad range of virtual asset activities to ensure compliance with regulatory frameworks.
3. BOG Governor Johnson Asiama announced the initiative during a visit to Washington, D.C., emphasizing alignment with international best practices.
4. The bank clarified that registration does not imply legal recognition or approval of the VASPs' operations.
Description
The Ghanaian central bank has announced a mandatory registration process for all virtual asset service providers operating in the country. Registration Covers Broad Range of Crypto Activities The Bank of Ghana (BOG) has issued a public notice requiring all Virtual Asset Service Providers (VASPs) operating within the country to undergo a mandatory registration process. The
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