Audio By Carbonatix
The Bank of Ghana has set 15th August, 2025, as the deadline for the registration of all Virtual Asset Service Providers (VASPs).
This is pursuant to its mandate of maintaining financial stability and consistent with its ongoing efforts to promote, integrity, innovation and consumer protection in the digital financial ecosystem.
According to the Central Bank, this registration is part of a preliminary regulatory process to identify and assess entities engaging in virtual asset activities. This includes virtual asset exchange services, wallet provision or custody services; transfer or settlement services involving virtual assets; and services related to the issuance or sale of virtual assets, including initial coin offerings (ICOs) and stablecoins.
It disclosed in a statement that failure to comply may result in regulatory sanctions or disqualification from future licensing.
It added that the registration does not constitute a licence to operate, nor does it imply legal recognition or approval.
The Central Bank continued that the exercise is aimed at ensuring that the forthcoming legal and regulatory frameworks for VASPs are informed by market developments and aligned with international best practices.
It concluded that all VASPs currently offering services to persons resident in Ghana, whether through physical presence or digital platforms, are required to complete the registration process via https://forms.office.com/r/XqthpEkhkQ
Latest Stories
-
Dr Bawumia outlines six policy steps for Africa to become a global AI leader
3 minutes -
CAF increases AFCON participating countries from 24 to 28
4 minutes -
Police arrest man seen in viral video assaulting girlfriend at Cape Coast
11 minutes -
Dr Bawumia calls for increased tech funding and focus on skills training for women and the deprived
20 minutes -
Funeral and Burial Bill to protect widows, respect wishes of the dead, not kill custom – Mpraeso MP
23 minutes -
Mpraeso MP advocates for greater rights for children and widows in funeral traditions
23 minutes -
LSE Africa Summit: Dr Bawumia showcases how Ghana’s robust digital systems have set the tone for smooth AI take-off
44 minutes -
CAF names Samson Adamu as interim General Secretary after Mosengo-Omba exit
45 minutes -
Fire breaks out at Ghana Digital Terrestrial Transmission Centre in Brekuso
1 hour -
Reparations fight enters new phase with UN petition for direct slave descendants
2 hours -
UENR promotes Dr. Jacob Anankware to Associate Professor
2 hours -
Playback: The Law discussed funeral regulation
2 hours -
Confidence Fiagadzi wins big at Police CID awards
2 hours -
Ghana Navy intercepts 37 sacks of suspected Indian hemp near Sege
2 hours -
Suspected robber dies after leaping from moving police vehicle
3 hours
