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Bloomberg: Ghana Finalizing Cryptocurrency Trading Regulatory Framework
Summary: According to Bloomberg, Ghana's central bank governor Johnson Asiama stated that Ghana is developing a gold export price hedging plan to protect revenue from gold exports and avoid future price fluctuations impacting the central bank's foreign exchange reserves. Additionally, Asiama mentioned that Ghana is finalizing a regulatory framework for cryptocurrency trading to bring trading platforms ...
According to Bloomberg, Ghana's central bank governor Johnson Asiama stated that Ghana is developing a gold export price hedging plan to protect revenue from gold exports and avoid future price fluctuations impacting the central bank's foreign exchange reserves.
Additionally, Asiama mentioned that Ghana is finalizing a regulatory framework for cryptocurrency trading to bring trading platforms and other digital asset platforms under formal regulation. The regulation will enable the Bank of Ghana to include virtual currencies in its anti-money laundering and anti-terrorism financing rules, ensuring that digital innovation supports rather than undermines foreign exchange controls and currency stability.
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Link: Bloomberg: Ghana Finalizing Cryptocurrency Trading Regulatory Framework [Copy]
