BoG promotes innovation in financial services sector graphic.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from graphic.com.gh Daily Mail and Mail on Sunday newspapers.
“Decentralizing finance in Africa will give everyone access and the choice of alternative currencies; it offers financial and digital inclusion,” Boye-Doku said.
Cryptocurrency is fast growing around the world and the trade of it is also fast growing in Ghana but there is no regulatory framework for it here yet. However, the Bank of Ghana has hinted that it’s recently launched Regulatory and Innovation Sandbox could be the panacea for crypto regulations…
Recently, a Chainalysis report found that Ghana is well positioned to increase cryptocurrency adoption to levels seen in Kenya and Nigeria. These countries are ranked 11 and 19 on the Global Crypto Adoption Index. Over the past two years, Ghana’s digital asset trading volume has exploded, growing by 400%. On…