Bank of Ghana Governor Johnson Pandit Asiama formally inaugurated the Virtual Assets Coordinating Committee, establishing the statutory platform for joint implementation and oversight of the Virtual Asset Service Providers Act, 2025 (Act 1154). The step advances Ghana’s move from legislation to an operational regulatory framework, building on ongoing work by the Bank of Ghana and Securities and Exchange Commission on licensing and implementation rules. The committee comprises representatives from the two regulators, the Ministry of Finance, Cyber Security Authority and Financial Intelligence Centre, with scope to co-opt other institutions. The Bank of Ghana will hold the inaugural chairmanship for two years before it rotates to the Securities and Exchange Commission. Its mandate includes harmonizing implementation of the act and subsidiary instruments, strengthening information sharing, coordinating responses to emerging risks and addressing financial stability, financial crime, cybersecurity and consumer protection concerns. The Bank of Ghana and Securities and Exchange Commission are developing operational guidelines and implementing policy sandboxes as they work toward fully operationalizing the act by 2027.
2026-08-27Bank of Ghana
Bank of Ghana inaugurates Virtual Assets Coordinating Committee to coordinate cross-agency regulation
The Bank of Ghana inaugurated the Virtual Assets Coordinating Committee to coordinate implementation and supervision of Ghana’s virtual asset framework. The central bank will chair the multi-agency body for two years, while operational guidelines and regulatory sandboxes are being developed toward full implementation by 2027.