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Ghana Plans Crypto Firm Licensing in Response to Growing Demand: Bloomberg
The country's central bank is finalizing a regulatory approval to submit to parliament by September.
Updated Jul 24, 2025, 10:18 a.m. Published Jul 24, 2025, 10:17 a.m.
What to know:
- Ghana is set to begin licensing cryptocurrency platforms in response to a surge in demand for digital assets.
- The hope is that regulating the crypto sector will help the Ghana capture revenue and better control its fiat currency.
- Around 17.3% of Ghanian adults own cryptocurrency, equivalent to just over 3 million people.
Ghana is set to begin licensing cryptocurrency platforms in response to a surge in demand for digital assets in the West African country, Bloomberg reported on Thursday.
The country's central bank is finalizing a regulatory approval to submit to parliament by September, according to the report, citing an interview with Bank of Ghana Governor Johnson Asiama.
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The hope is that regulating the crypto sector will help the Ghana capture revenue and better control its fiat currency. The cedi has grown over 40% against the U.S. dollar in 2025, helping it recover from a loss of nearly 20% last year. This volatility has made it difficult for the central bank to manage inflation.
The use of cryptocurrency can exacerbate this problem as many agents are making and receiving crypto payments which are not being captured in the country's financial accounts, Asiama added.
Around 17.3% of Ghanian adults own cryptocurrency, equivalent to just over 3 million people, according to a June 2024 report by Middle East-based business news firm Zawya.
Crypto transactions in Ghana in the 12 months to June 2024 totaled $3 billion out of a total $125 billion for the whole of sub-Saharan Africa, said Del Titus Bawuah, chief executive officer at Web3 Africa Group, according to Bloomberg's report.
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- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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CFTC Launches Digital Assets Pilot Allowing Bitcoin, Ether and USDC as Collateral
Acting Chair Caroline Pham has unveiled a first-of-its-kind U.S. program to permit tokenized collateral in derivatives markets, citing "clear guardrails" for firms.
Ce qu'il:
- The CFTC has launched a pilot program allowing BTC, ETH and USDC to be used as collateral in U.S. derivatives markets.
- The program is aimed at approved futures commission merchants and includes strict custody, reporting and oversight requirements.
- The agency also issued updated guidance for tokenized assets and withdrew outdated restrictions following the GENIUS Act.
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