President John Dramani Mahama has signed the Virtual Asset Service Providers (VASP) Bill into law, marking a significant milestone in Ghana’s journey toward financial innovation and inclusion.
The legislation, passed by Parliament after rigorous deliberation, legalizes the usage, trading, and provision of services in the virtual assets space, including cryptocurrencies.
The Securities and Exchange Commission (SEC) and the Bank of Ghana have commended the President, the Minister for Finance, the Governor of the Central Bank, and the Director General of the SEC for their foresight in steering Ghana toward the next phase of global finance.
Special appreciation was extended to VASP market operators—including major exchanges and traders—for their contributions to the bill’s development. The Chairman of the Finance Committee of Parliament, Hon. Isaac Adongo, was also lauded for his leadership and support throughout the legislative process.
The SEC and Bank of Ghana further acknowledged the Minority in Parliament for their bipartisan support and praised the dedication of their staff who worked tirelessly to craft a robust regulatory framework.
The new law is expected to enhance investor protection, promote innovation, and position Ghana as a forward-looking player in the global digital finance ecosystem.
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