{"id":41174,"date":"2025-12-22T14:46:04","date_gmt":"2025-12-22T13:46:04","guid":{"rendered":"https:\/\/www.coinpro.ch\/uncategorized\/ghana-aims-to-promote-cryptocurrencies-with-new-law\/"},"modified":"2025-12-22T14:46:26","modified_gmt":"2025-12-22T13:46:26","slug":"ghana-aims-to-promote-cryptocurrencies-with-new-law","status":"publish","type":"post","link":"https:\/\/www.coinpro.ch\/en\/news-en\/ghana-aims-to-promote-cryptocurrencies-with-new-law\/","title":{"rendered":"Ghana aims to promote cryptocurrencies with new law"},"content":{"rendered":"<p>Ghana wants to further promote cryptocurrencies with a new law and reduce costs for users. Already, 17 percent of adult residents are said to use Bitcoin and other cryptocurrencies. Regulation is intended to reduce costs and increase adoption.<\/p>\n<div class=\"row row-collapse align-middle row-comparison\"  id=\"row-67259584\">\n\n\n\t<div id=\"col-937278178\" class=\"col medium-3 small-6 large-3 small-col-first\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n  <div class=\"banner has-hover\" id=\"banner-1837200948\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n                                                \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-1185311750\" class=\"text-box banner-layer text-box-circle x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_377905363\">\n\t\t<a class=\"\" href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" rel=\"noopener\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"340\" src=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1024x341.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1024x341.png 1024w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-300x100.png 300w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-768x256.png 768w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1536x512.png 1536w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-2048x683.png 2048w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_377905363 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1521099180\">\n\t\t<a class=\"\" href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" rel=\"noopener\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1521099180 {\n  width: 80%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-1185311750 .text-box-content {\n  background-color: rgb(255, 255, 255);\n  font-size: 100%;\n}\n#text-box-1185311750 {\n  width: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-1837200948 {\n  padding-top: 99.99%;\n  background-color: rgba(255, 255, 255, 0);\n}\n<\/style>\n  <\/div>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-937278178 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-862774078\" class=\"col col-comparison-description medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t\t\t\n\n<p style=\"margin-bottom: 1em;\">Bitvavo, one of the leading exchanges from Europe (Netherlands) with a large selection of cryptocurrencies. PayPal deposit possible.  <strong>Limited time offer: \u20ac20 bonus when you sign up via CoinPro.ch<\/strong><\/p>\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-862774078 > .col-inner {\n  padding: 15px 0px 0 15px;\n}\n@media (min-width:550px) {\n  #col-862774078 > .col-inner {\n    padding: 15px 0px 15px 15px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1606252738\" class=\"col col-comparison-stars medium-2 small-6 large-2 small-col-first\"  >\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n<p><span style=\"font-size: 200%;\"><strong>98%<\/strong><\/span><\/p>\n\n\n<span class=\"fsrs\"><span class=\"fsrs-stars\"><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><\/span><span class=\"hide fsrs-text fsrs-text__hidden\" aria-hidden=\"false\">5.0 out of 5.0 stars<\/span><span class=\"lining fsrs-text fsrs-text__visible\">5.0<\/span><\/span>\n\n<p><a href=\"https:\/\/www.coinpro.ch\/en\/reviews-en\/bitvavo-experiences-2025-the-crypto-exchange-under-review\/\">Read review<\/a><\/p>\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1606252738 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1458848804\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n<a href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" class=\"button primary box-shadow-2 expand no-margin\" rel=\"noopener\"  >\n\t\t<span>Sign up with a \u20ac20 bonus<\/span>\n\t<\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1458848804 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<h2>Ghana aims to promote cryptocurrencies with new law<\/h2>\n<p>Ghana&#8217;s parliament recently passed a crypto law with which the legislation is actively trying to promote <a href=\"https:\/\/www.coinpro.ch\/en\/knowledge\/what-are-cryptocurrencies-explanation-for-beginners\/\">cryptocurrencies<\/a> \u2013 <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-22\/ghana-passes-law-to-legalize-widespread-use-of-cryptocurrency\">Bloomberg reports<\/a>.<\/p>\n<p>In the past, the Ghanaian central bank has been critical of cryptocurrencies and their increasing adoption. So far, this has been done without regulation. Instead of issuing bans, however, the legislature has now decided to open up the country in favor of <a href=\"https:\/\/www.coinpro.ch\/en\/knowledge\/what-is-bitcoin-the-btc-cryptocurrency-explained-simply\/\">Bitcoin<\/a> and Co.<\/p>\n<p>Central Bank Governor Johnson Asiama explained that the central bank is responsible for distributing crypto licenses to service providers. It also acts as a supervisory authority.<\/p>\n<p>According to the central bank&#8217;s findings, three million Ghanaians \u2013 or 17 percent of adult residents \u2013 are already using cryptocurrencies. The central bank therefore considered the enactment of a crypto regulation necessary.<\/p>\n<p>According to Bloomberg, the aim is to increase transparency in the handling of crypto and to establish improved investor protection. In addition, they want to react to the implications of high crypto usage. The national currency, the Cedi, is affected by this.<\/p>\n<p>Asiama clarified: The law, called the <i>Virtual Asset Service Providers Bill<\/i> <em>\u201cwill ensure that new crypto activities take place within clear, accountable and well-regulated boundaries\u201d<\/em>.<\/p>\n<script type=\"text\/plain\" data-tcf=\"waiting-for-consent\" data-id=\"20572\" data-bid=\"1\" data-placement=\"33872\">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<\/script><h2>Crypto regulation in Ghana to reduce costs<\/h2>\n<p>The Ghanaian authorities not only want to boost the spread of cryptocurrencies through improved investor protection. The crypto regulation is also intended to reduce costs for investors and providers in Ghana. The country wants to draw a clear contrast to the EU regulation MiCA, which disadvantages small businesses through rising costs.<\/p>\n<blockquote><p>\u201cSupervision by regulators will reduce costs for banks, improve the customer experience and support small and medium-sized enterprises and traders,\u201d Asiama claimed.<\/p><\/blockquote>\n<p>In African countries, cryptocurrencies such as Bitcoin have been experiencing successful growth for several years. The enormous interest of Africans can be attributed in particular to the low prevalence of financial structures.<\/p>\n<p>For example, less than half of the inhabitants of sub-Saharan Africa have access to bank accounts. Instead, cryptocurrencies are used to carry out digital transactions. With a smartphone and a wallet, users are already fully equipped.<\/p>\n<p>Especially in Nigeria, residents rely on Bitcoin. From 2021 to 2023, the authorities there imposed a ban on crypto transactions, which proved to be ineffective.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghana wants to further promote cryptocurrencies with a new law and reduce costs for users. Already, 17 percent of adult residents are said to use Bitcoin and other cryptocurrencies. Regulation is intended to reduce costs and increase adoption. Ghana aims to promote cryptocurrencies with new law Ghana&#8217;s parliament recently passed a crypto law with which&#8230;<\/p>\n","protected":false},"author":19,"featured_media":41175,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17325],"tags":[17353,17360,17387,17408,17376,17594,17644,17684],"class_list":["post-41174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-adoption-en","tag-altcoins-en","tag-bitcoin-en","tag-blockchain-en","tag-btc-en","tag-cryptocurrencies","tag-news-en","tag-regulation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ghana aims to promote cryptocurrencies with new law - CoinPro.ch<\/title>\n<meta name=\"description\" content=\"Ghana is expected to see a significant increase in crypto adoption in the future. 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