Ghana to Issue Licenses to Cryptocurrency Companies

According to Jinshi Data, citing foreign media reports, Ghana plans to issue licenses to cryptocurrency platforms as authorities seek to generate revenue while regulating the asset class used by millions in the West African nation. The Governor of the Bank of Ghana stated that the central bank is finalizing a regulatory framework and plans to submit it to Parliament for consideration in September. The proposed law would enable the country to fully utilize cryptocurrencies, promote cross-border trade, attract strategic investment, and collect financial data. [ChainCatcher]