Bank of Ghana Issues Mandatory Registration of All Virtual Asset Service Providers Operating in the Country
Ghana’s VASP registration deadline separates compliant crypto firms from the rest, but registration grants zero operating rights. It’s purely assessment, identifying exchanges, wallets, stablecoin platforms before BoG rolls out full licensing. Miss it? Face sanctions and permanent disqualification. Amid surging West African adoption and scam revivals, BoG maps the ecosystem to design FATF-aligned AML rules. Registration doesn’t mean approval; it means survival. Ghana challenges Nigeria.