Ghana plans to explore gold-backed stablecoins; it passed a bill yesterday legalizing cryptocurrency transactions.
B.news
According to The Block, the Ghanaian parliament has passed the Virtual Asset Service Providers Act, officially legalizing cryptocurrency trading. Those involved in the industry must register with the central bank or securities regulator.
On December 23, The Block reported that the Ghanaian Parliament passed the Virtual Asset Service Providers Act, officially legalizing cryptocurrency trading. Related practitioners must register with the central bank or securities regulator. The Central Bank of Ghana stated that in 2026 it will explore asset-backed digital settlement tools, including gold-backed stablecoins, to promote cross-border payments and market infrastructure development.
Ghana plans to explore gold-backed stablecoins; it passed a bill yesterday legalizing cryptocurrency transactions.
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