Ghana Rolls Out 2025 Crypto Law as Regulators Target Fraud and AML Risks
The post Ghana Rolls Out 2025 Crypto Law as Regulators Target Fraud and AML Risks appeared on BitcoinEthereumNews.com. Key Takeaways Ghana passed the VASP Act of 2025 to regulate its fast-growing virtual asset and cryptocurrency sector. Over 3 million Ghanaians now use crypto, boosting fintech but posing fraud risks to the financial system. The Securities and Exchange Commission and the Bank of Ghana are currently developing licensing rules. Rising Crypto Adoption and Systemic Risks Ghana has rolled out a legal framework to regulate virtual assets as cryptocurrency adoption accelerates across the economy, according to the country’s 2025 Financial Stability Review. The development is a direct consequence of the passage of the Virtual Asset Service Providers Act of 2025, a legal framework establishing licensing protocols and supervisory mandates for all digital asset stakeholders. According to regulatory bodies, the law serves a dual purpose: enhancing the state’s oversight capabilities