Chamber of Digital Assets Engages BoG on Future of Virtual Asset Regulation

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In an important move toward shaping Ghana’s digital financial future, the Chamber of Digital Assets and Blockchain Innovation Ghana (CDABI-GH) has paid a courtesy call on the Governor of the Bank of Ghana (BoG).

The meeting, held at the Bank Square in Accra, marked the Chamber’s first formal engagement with the central bank and focused on fostering collaboration around the regulation of virtual assets in Ghana.

The delegation from CDABI-GH met with the Governor and senior officials from the central bank to discuss the Bank’s ongoing work to develop a comprehensive regulatory framework for virtual assets and blockchain technology.

The Governor congratulated the Chamber on its recent establishment and emphasized the Bank’s commitment to engaging with industry stakeholders as it works to balance innovation with consumer protection and financial stability.

During the meeting, the Bank outlined key milestones in its digital asset regulatory roadmap. These include the upcoming registration of Virtual Asset Service Providers (VASPs), the launch of a regulatory sandbox to support innovation in a controlled environment, and stakeholder consultations on a proposed Bill and accompanying regulations.

The Governor assured the Chamber of its inclusion in upcoming engagements and reaffirmed the Bank’s goal to finalize the framework by September 2025.

In response, The President of CDABI-GH, Mr Caleb Kwaku Afaglo, expressed his appreciation for the Bank’s open-door approach and pledged support in promoting ethical practices within the digital asset space. He emphasized the Chamber’s commitment to supporting policies that encourage innovation, while safeguarding users and the broader financial system.

About CDABI-GH

The Chamber of Digital Assets and Blockchain Innovation Ghana (CDABI-GH) was established as a non-profit industry association to advocate for the growth and responsible use of blockchain technology and digital assets in Ghana. The Chamber brings together companies, entrepreneurs, developers, legal and financial experts, and academia to advance industry standards, provide policy input, and raise public awareness on the benefits and risks of emerging digital technologies.

This engagement with the Bank of Ghana signals growing momentum in Ghana’s digital transformation agenda and marks a pivotal step toward regulatory clarity in a rapidly evolving global financial landscape.

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