Business News of Friday, 26 December 2025

Source: GNA

Digital Assets Chamber praises BoG, Parliament for regulatory efforts

The Chamber also saluted Parliament for its diligence, courage, and statesmanship The Chamber also saluted Parliament for its diligence, courage, and statesmanship

The Chamber of Digital Assets and Blockchain Innovation (CDABI-GH) has commended the Bank of Ghana, the Securities and Exchange Commission, and the Parliament of Ghana for the passage of Ghana’s Virtual Asset legislation.

The Chamber applauded the Governor of the Bank of Ghana, as well as the Virtual Asset Service Provider (VASP) policy and technical teams, alongside the Director-General of the Securities and Exchange Commission and his dedicated professionals, for their discipline, foresight, and unwavering commitment to the national interest.

A statement issued in Accra said their work had transformed a complex, fast-moving frontier into a governed, credible, and investable ecosystem.

“This Act is more than a law. It is a signal.

A signal to innovators that Ghana is open.

A signal to investors that Ghana is safe.

A signal to citizens that Ghana is protected,” it said.

The statement noted that, with this landmark framework, Ghana has moved from experimentation to institution, from ambiguity to certainty, and from promise to policy.

It added that the Virtual Asset Act provides the clarity markets require, the safeguards consumers deserve, and the structure regulators need to supervise with confidence.

The Chamber also saluted Parliament for its diligence, courage, and statesmanship.

“By choosing thoughtful regulation over delay, and national progress over hesitation, Parliament has ensured that Ghana will not chase the future but shape it,” the statement said.

“History will remember this moment, because nations do not become digital leaders by chance; they become leaders by choice,” it added.

The Chamber reaffirmed its full commitment to supporting the Bank of Ghana and the Securities and Exchange Commission during the implementation phase.

It said the Chamber is ready to advance compliance, build capacity, educate market participants, and promote responsible innovation across the ecosystem.