Ghana plans to issue licenses for cryptocurrency platforms

On July 24th, according to Bloomberg, the Republic of Ghana plans to issue licenses to cryptocurrency platforms as authorities aim to regulate asset classes used by millions of people in this West African country while generating revenue. The Governor of Ghana's Central Bank stated that the bank is finalizing a regulatory framework and plans to submit it to parliament for review in September. The proposed law will enable the country to fully utilize cryptocurrency, promote cross-border trade, attract strategic investment, and collect financial data. (Golden Ten)