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The Central Bank of Ghana plans to launch an encryption regulatory framework to promote the development of digital assets.
PANews July 24 news, the Central Bank of Ghana plans to introduce a licensing system for encryption platforms to regulate digital assets and capture related revenue. Central Bank President Johnson Asiama revealed that the regulatory framework is expected to be submitted to Parliament for review in September this year. The new legislation aims to utilize encryption to promote cross-border trade, attract strategic investments, and collect financial data to advance the country's digital asset sector. According to previous news, the Governor of the Central Bank of Ghana: Ghana is finalizing the regulatory framework for cryptocurrency trading.