Evidence record
Bank of Ghana Governor says the central bank is developing a Stablecoin Directive under Ghana's Virtual Asset Service Providers Act
Read the item · published 2026-11-02
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- High Primary source (regulator / official record); quote string-matched against the live page.
- Quote verified
- 2026-11-03 07:00 UTC
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d8fa71f4d963701bb256de0559cabe4a3ebb449ab10729843414a7cc44777880· fetched 2026-11-03 · Wayback Machine copy ↗ - Source type
- Primary Bank of Ghana ↗
… enforceable framework that gives responsible firms and investors the certainty they need to build and invest with confidence, and makes Ghana a trusted home for responsible innovation. Page 2 of 3 PUBLIC Stablecoins are a priority within this framework. The Bank of Ghana is developing a Stablecoin Directive to set clear requirements for stablecoin activities in Ghana, while providing clarity for any permitted activities. The Bank is also working closely with the SEC and the Financial Intelligence Centre to develop the necessary regulatory instruments and supervisory arrangements. The inauguration of the Virtual Assets Coordinating Committee provides an important pla …
Change log (1)
- 2026-11-03 Published
Verified quotes
“The Bank of Ghana is developing a Stablecoin Directive to set clear requirements for stablecoin activities in Ghana, while providing clarity for any permitted activities.”
“Stablecoins may offer benefits for payments and settlement, but their growing adoption, particularly those denominated in foreign currencies, could have implications for monetary sovereignty, currency substitution, capital flows and the effectiveness of monetary policy.”
“The passage of the Virtual Asset Service Providers Act, 2025 (Act 1154) marks a significant milestone, establishing a dedicated legal framework for virtual assets with coordinated regulation by the Bank of Ghana and the Securities and Exchange Commission.”
“The Bank is also working closely with the SEC and the Financial Intelligence Centre to develop the necessary regulatory instruments and supervisory arrangements.”
String-matched against https://www.bog.gov.gh/wp-content/uploads/2026/11/Goodwill-Message-by-Governor-Dr-Johnson-Pandit-Asiama-at-the-Africa-Virtual-Assets-Summit-AVAS-2026-021126-1.pdf by our verifier before every deploy.
AI-drafted from the primary source; quote string-matched against the live source page · AI-assisted