Bloomberg: Ghana Finalizes Cryptocurrency Exchange Regulation Framework

BlockBeats News, July 15th, according to Bloomberg, Bank of Ghana Governor Johnson Asiama stated that Ghana is developing a gold export price hedging plan aimed at protecting the revenue generated from gold exports and avoiding future price fluctuations that could impact the central bank's foreign exchange reserves.

Furthermore, Asiama mentioned that Ghana is finalizing a cryptocurrency exchange regulatory framework to bring trading platforms and other digital asset exchanges under formal regulation. This regulation will enable the Bank of Ghana to include virtual currencies under its anti-money laundering and counter-terrorism financing rules and ensure that digital innovation supports rather than undermines foreign exchange controls and monetary stability.