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Tag: Bank of Ghana

Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade

July 30, 2021 wp-bot Bitcoin News

The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade.

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Report: Nigeria to Start Piloting Digital Currency in October

July 23, 2021 wp-bot Bitcoin News

The Central Bank of Nigeria (CBN) has reportedly set October 1 as the commencement date for the trial phase of its digital currency project. Dubbed

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Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September

July 12, 2021 wp-bot Bitcoin News

Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well as fintech start-ups, can still create value based

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Bank of Ghana ‘in the Advanced Stages of Introducing a Digital Currency’— Governor Repeats Anti-Cryptocurrency Claims

June 4, 2021 wp-bot Bitcoin News

The governor of Ghana’s central bank, Ernest Addison, has said his institution is now “in the advanced stages of introducing a digital currency.” However, before

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Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’

May 4, 2021 wp-bot Bitcoin News

Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any form. In the warning, the

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Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’

May 4, 2021 wp-bot Bitcoin News

Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any form. In the warning, the

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