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Technology

From uncertainty to clarity: Ghana writes digital history with the passage of the Virtual Asset law

Starrfm.com.gh By Starrfm.com.gh Published December 23, 2025
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Ghana has taken a decisive step into the future of finance and innovation with the passage of its Virtual Asset legislation. This landmark move provides long-awaited regulatory clarity for the country’s fast-growing digital assets and blockchain ecosystem.

The Chamber of Digital Assets and Blockchain Innovation (CDABI-GH) has commended the Bank of Ghana, the Securities and Exchange Commission (SEC), and Parliament for what it describes as a historic and nation-shaping achievement, noting that the new law sends a strong message to the global community that Ghana welcomes innovation—but insists on responsibility.

According to the Chamber, the legislation marks Ghana’s transition from uncertainty to clarity, turning a previously ambiguous and fast-evolving sector into a governed, credible, and investable space.

“When law meets innovation, confidence is born,” CDABI-GH said in a statement, describing the Act as more than a legal instrument, but a strategic signal to the world.

The Chamber paid special tribute to the Governor of the Bank of Ghana and the VASP policy and technical teams, as well as the Director-General of the Securities and Exchange Commission and his team, for their discipline, foresight, and commitment to protecting the national interest.

Their collective efforts, the statement said, have ensured that Ghana now has a framework that offers clarity to markets, safeguards for consumers, and the institutional structure regulators need to supervise the sector with confidence.

“This Act is a signal to innovators that Ghana is open, a signal to investors that Ghana is safe, and a signal to citizens that Ghana is protected,” the Chamber noted.

CDABI-GH also applauded Parliament for what it called courage and statesmanship, arguing that the decision to prioritise thoughtful regulation over delay has positioned Ghana not as a follower in the digital economy, but as a shaper of its future.

“With this framework, Ghana has moved from experimentation to institution, from ambiguity to certainty, and from policy promise,” the statement added.

The Chamber stressed that history will remember this moment as a defining chapter in Ghana’s digital journey, noting that digital leadership is not accidental but the result of deliberate national choices.

As an industry partner and key stakeholder, CDABI-GH reaffirmed its commitment to working closely with the Bank of Ghana and the Securities and Exchange Commission during the implementation phase of the law. The Chamber says it is ready to support compliance efforts, build industry capacity, educate market participants, and promote responsible innovation across the ecosystem.

“Ghana has drawn the line—innovate boldly, operate responsibly, and grow sustainably,” the statement concluded, adding that this is how trust is built, markets mature, and the future is secured.

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