Ghana officially legalizes cryptocurrency and introduces market regulation
Ghana has passed a law legalizing the use of cryptocurrencies and implementing regulatory oversight of the digital assets market. Currently, around 3 million citizens, representing 17% of the adult population, use cryptocurrencies in the country.
Source Bloomberg
This move marks official government support for innovative financial technologies and aims to ensure transparency and security in the crypto market. Legalization is expected to foster sector development and attract investment in digital finance.
It is anticipated that the new regulations will encourage further growth in user numbers and enhance trust in cryptocurrencies among both the public and businesses.
