Title: Bank of Ghana Unveils Proposed Virtual Asset Regulations
Post by: Bitcoin on Aug 20, 2024, 07:05 am
Post by: Bitcoin on Aug 20, 2024, 07:05 am
Bank of Ghana Unveils Proposed Virtual Asset Regulations
The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service providers (VASPs) will be required to register and meet strict standards, while commercial banks are prohibited from dealing directly with virtual […]
Source: Bank of Ghana Unveils Proposed Virtual Asset Regulations (https://news.bitcoin.com/bank-of-ghana-unveils-proposed-virtual-asset-regulations/)
The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service providers (VASPs) will be required to register and meet strict standards, while commercial banks are prohibited from dealing directly with virtual […]Source: Bank of Ghana Unveils Proposed Virtual Asset Regulations (https://news.bitcoin.com/bank-of-ghana-unveils-proposed-virtual-asset-regulations/)