Jurisdiction reference
Ghana
Regulator: Bank of Ghana. License/registration context: Sandbox. 6 VASP/entity records are tracked by Plexo Institute in Ghana. Official registry source: Bank of Ghana VARO. Data last updated: 2026-08-28.
Ghana's Virtual Asset Service Providers (VASP) Bill 2025 was signed into law by President John Dramani Mahama on December 29, 2025, establishing the first dedicated legal framework for digital assets. The framework is activity-based and risk-based, applying to virtual asset exchanges, wallet operators, custody providers, and issuers. The Bank of Ghana and SEC will jointly oversee the sector with a new Virtual Assets Regulatory Office (VARO) coordinating supervision. Priority initiatives include consumer protection, AML/CFT compliance, and exploration of asset-backed digital instruments (specifically gold-backed stablecoins) for settlement purposes. Detailed regulatory instruments and operational guidelines are expected in early 2026.
Regulatory Status
- Jurisdiction code
- GH
- Regime
- Sandbox
- Regulator
- Bank of Ghana
- Governing law
- E-Money Issuer Guidelines / VARO
- Travel Rule
- In Progress
- Tracked entities
- 6
- Recognized stablecoin backing
- fiat-backed, crypto-backed, commodity-backed, algorithmic
- Yield-bearing stablecoins
- Restricted
- Currency
- GHS
Regulatory approach
The Bank of Ghana serves as the primary regulator, overseeing payment-related virtual asset activities, custody services, issuance, and any activities with implications for monetary policy and financial stability. The Securities and Exchange Commission co-regulates activities related to trading, investment offerings, and tokenization of securities. Both regulators operate under the framework of the VASP Bill 2025 and coordinate through a dedicated Virtual Assets Regulatory Office (VARO), established in 2025 to provide specialized supervision of digital assets and their service providers. The regulatory framework aligns with Financial Action Task Force (FATF) standards, including mandatory AML/CFT compliance and enforcement of the Travel Rule for transaction traceability.
Relationship Graph
Jurisdiction FAQ
Who regulates Ghana?
The current Plexo Institute record lists Bank of Ghana as the regulator for Ghana.
How many VASPs are tracked in Ghana?
6 VASP/entity records are tracked by Plexo Institute in Ghana.
What is the Travel Rule status in Ghana?
The current Plexo Institute record lists the Travel Rule status for Ghana as In Progress.
Source Evidence
This profile is compiled from official legislation and regulator records. Source confidence: official source evidence.