Ghana's parliament passed the Virtual Asset Service Providers Bill, 2025, legalizing bitcoin and crypto trading and ending years of regulatory uncertainty. The law creates a formal licensing and supervision framework, granting the Bank of Ghana authority over the sector with a focus on consumer protection, financial stability, and risk management. Nearly 3 million Ghanaians (17% of adults) have engaged in crypto transactions, with volumes reaching roughly $3 billion in the year through June 2024. The central bank will roll out licensing rules in phases during 2026, and existing service providers must register and comply. The legislation draws lessons from the 2022 crypto market downturn, positioning Ghana among a growing list of African countries moving toward formal crypto regulation.

Ghana's parliament has passed the Virtual Asset Service Providers Bill, 2025, officially legalizing bitcoin and crypto trading and ending years of regulatory uncertainty. The law establishes a licensing regime under the Bank of Ghana, with focus on consumer protection and financial stability. Individuals can now trade without legal risk, while crypto firms must register and comply. An estimated 3 million Ghanaians (17% of adults) have already used crypto, with transaction volumes reaching $3 billion by mid-2024. The phased rollout of rules starts in 2026, aiming to balance innovation and risk management.

After England's Jude Bellingham was named Man of the Match in a World Cup game vs Ghana, a Solana-based unofficial meme coin JUDE surged briefly then crashed 98%, highlighting risks of speculative tokens without official backing.

According to Bloomberg, Hyro Exchange, Ghana's first homegrown cryptocurrency exchange, is in talks with international investors to sell a 10% stake in a fundraising round aimed at accelerating expansion across Ghana and key African markets. The company previously completed a seed round with local investors at a valuation of millions of dollars.

The Bank of Ghana has issued a mandatory directive requiring regulated financial institutions to immediately stop supporting unauthorized foreign-currency digital wallet services offered by crypto platforms, citing payment systems and foreign exchange compliance requirements.