Ghana has legalized cryptocurrency trading, and the Central Bank plans a gold-backed stablecoin.

2025-12-23 04:38:10

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[Chain News] The Ghanaian Parliament recently passed the “Virtual Asset Service Provider Act,” which means that Crypto Assets trading has officially gained legal recognition locally. Practitioners need to complete the sign up with the Central Bank or securities regulatory authority in order to legally conduct business.

The Central Bank's attitude is also worth noting. According to the official plan, Ghana will begin exploring asset-backed digital settlement tools in 2026, which include gold-backed stablecoins. This not only reflects the local openness to Web3 assets but also suggests that traditional assets like gold will gradually be digitized.

What’s more interesting is that Ghana combines digital asset reform with cross-border payments and market infrastructure development. This combination clearly aims to leverage the convenience of Crypto Assets to improve the domestic financial system. This is yet another landmark progress for the crypto policy across the entire African region.

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LiquidatedThrice

· 16h ago

The gold stablecoin idea is quite thoughtful from Ghana, but we still have to wait until 2026... If it really gets implemented, that would be great. Another country is trying to save its economy with crypto; I’m optimistic but don't celebrate too early. Ghana's move can be seen as a wake-up call for Africa, and other countries need to follow suit. To put it bluntly, it's still about regulatory tricks; the sign up process can kill many small exchanges... Gold coin? Sounds good, but I'm afraid it might get twisted during execution.

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Whale_Whisperer

· 12-23 05:08

Ghana's move is quite interesting, is the gold stablecoin only coming in 2026? That's a bit slow... But legalizing this is indeed a big step, Africa is waking up.

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MetaMisfit

· 12-23 05:05

Ghana's recent actions are quite aggressive, directly digitizing gold. If this continues, Africa's financial landscape will have to be rewritten.

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DegenGambler

· 12-23 05:04

Gold-backed stablecoin? Ghana's move is quite interesting, the era of traditional assets on the blockchain is coming Africa is quietly laying the groundwork, we need to keep an eye on it Wait, it won't start until 2026... this pace is a bit slow The real big event is legalization, then it will be more fun

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MetaMasked

· 12-23 04:54

Ghana's recent move is really amazing; I like the idea of a gold stablecoin. Finally, a country has thought about putting traditional assets on the blockchain.

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DeFiDoctor

· 12-23 04:39

Gold stablecoins sound good, but we'll have to see if they can actually run the code in 2026. I've seen too many cases of projects like Central Bank in Africa failing... The registration system part is passable, at least the framework is clear.

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CoffeeOnChain

· 12-23 04:39

Ghana's recent move is really strong, I just want to see if the gold stablecoin can really take off, feels like another PPT coin?

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