“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…
A report released by blockchain analytics platform Chainalysis, indicated that Ghana has the potential to achieve crypto adoption levels similar to Kenya and Nigeria, countries that ranked 11th and 19th in the analytics firm’s Global Crypto Adoption Index. The analytics firm added that apart from Ghana, other sub-Saharan African countries are…