Ghana Puts Central Bank in Charge of Crypto Regulation

From fxdailyreport.com

Ghana’s parliament approved the legalization of cryptocurrency, giving its central bank the authority to handle the regulation of digital assets. The move was reported by Bloomberg on Monday, December 22, which said that the decision was made to address central bank concerns about the widening and unregulated use of the alternative asset. In doing so, Ghana has taken a major step toward embracing the digital economy, if only to prevent its unregulated use. Even so, the move represents an important turning point for the nation’s crypto sector, as lawmakers are moving to establish clear oversight for the ... (full story)