Ghana’s government is accelerating the development of a comprehensive regulatory framework for cryptocurrencies, aiming to introduce legislation by year-end. This move aligns with regional trends as neighboring nations like Kenya have already implemented laws governing digital assets. As Ghana prepares to formalize its stance on cryptocurrency, industry leaders emphasize the need for regulation to foster innovation while curbing misuse in the burgeoning digital economy. Ghana’s central bank aims to finalize crypto legislation by year-end, driven by momentum and the country’s rapid growth in crypto adoption. 8.9% of the population is already engaging with cryptocurrencies. Experts warn that inaction could lead to missed economic opportunities and increased illicit financial activity.