Ghana’s parliament passes Virtual Asset Service Providers Bill to legalize crypto on December 22, 2025

On December 22, 2025, Ghana’s parliament approved the Virtual Asset Service Providers Bill, effectively legalizing cryptocurrency-related activities under a new regulatory framework. The Bank of Ghana will license and oversee exchanges, wallets, and custody providers, while crypto remains non-legal tender and the cedi stays the only official currency. The move follows rapid growth in Ghana’s crypto usage and aligns the country with other Sub-Saharan African markets advancing formal regulation.