The Bank of Ghana has launched the National Virtual Asset Literacy Initiative (NaV ALI), a programme intended to strengthen regulatory and public understanding of virtual assets as Ghana moves to operationalise the Virtual Asset Service Providers Act. The initiative is framed as a response to the need for public education, consumer protection and regulatory preparedness, alongside the Securities and Exchange Commission as the other regulator designated under the Act. NaV ALI is led by the Bank of Ghana in collaboration with the Securities and Exchange Commission and knowledge partners from academia and industry, and is anchored on the principle “understand before you undertake”. The initiative has two stated policy objectives: building institutional capacity on virtual assets and enabling technologies, including blockchain, to support effective regulation, supervision and policy formulation, and promoting nationwide awareness of the risks and implications of virtual assets to discourage uninformed use and risky adoption.
Bank of Ghana 2026-01-23
Bank of Ghana launches National Virtual Asset Literacy Initiative to build readiness for virtual asset regulation
The Bank of Ghana has launched the National Virtual Asset Literacy Initiative (NaV ALI) to enhance understanding and regulation of virtual assets as part of the Virtual Asset Service Providers Act. In collaboration with the Securities and Exchange Commission, the initiative aims to build institutional capacity and promote public awareness of virtual asset risks. It focuses on education, consumer protection, and regulatory preparedness.