Bloomberg: Ghanaian Parliament Approves Bill Legalizing Cryptocurrency
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TL;DR
Ghana's parliament has passed a bill to legalize cryptocurrencies, aiming to regulate their use and address central bank concerns. The new law will enable licensing and oversight of crypto platforms.
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GhanacryptocurrencyregulationparliamentVirtual Asset Service Providers Act
PANews reported on December 22 that, according to Bloomberg, the Ghanaian parliament has approved a bill legalizing cryptocurrencies, a move aimed at addressing the Central Bank of Ghana's concerns about the increasingly widespread and unregulated use of this alternative asset in the country. Central Bank of Ghana Governor Johnson Ashima stated in Accra over the weekend that the passage of the Virtual Asset Service Providers Act would facilitate the licensing and regulation of cryptocurrency platforms.