{"id":1069895,"date":"2022-04-28T16:25:44","date_gmt":"2022-04-28T16:25:44","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/04\/28\/stonebwoy-reacts-as-bank-of-ghana-warns-against-sidicoin-cryptocurrency\/"},"modified":"2022-04-28T16:25:44","modified_gmt":"2022-04-28T16:25:44","slug":"stonebwoy-reacts-as-bank-of-ghana-warns-against-sidicoin-cryptocurrency","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/04\/28\/stonebwoy-reacts-as-bank-of-ghana-warns-against-sidicoin-cryptocurrency\/","title":{"rendered":"Stonebwoy reacts as Bank of Ghana warns against \u2018SIDICOIN\u2019 cryptocurrency"},"content":{"rendered":"<p><\/p>\n<div>\n            <!-- image --><br \/>\n            <!-- content --><br \/>\n <!-- A generated by theme --> <\/p>\n<p><span class=\"td-adspot-title\"><\/span><noscript id=\"td-ad-placeholder\"\/><\/p>\n<p> <!-- end A --> <\/p>\n<h4>Ghanaian Dancehall artiste, Stonebwoy, has disclaimed any official alliance with a supposed cryptocurrency investment scheme, Sidicoin.<\/h4>\n<p>The Bank of Ghana (BoG) has in a statement cautioned the general public against investing in a cryptocurrency scheme \u201cSIDICOIN\u201d expected to be launched in the country before long.<\/p>\n<p><strong>READ MORE ;Diana Asamoah takes \u2018slaying for God\u2019 to another level  [watch]<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.atinkanews.net\/wp-content\/uploads\/2022\/04\/Stonebwoy-reacts-as-Bank-of-Ghana-warns-against-\u2018SIDICOIN-cryptocurrency.jpg?resize=696%2C365&#038;ssl=1\" alt=\"Stonebwoy \" width=\"696\" height=\"365\" class=\"aligncenter size-full wp-image-121993\"   title=\"Stonebwoy reacts as Bank of Ghana warns against \u2018SIDICOIN\u2019 cryptocurrency 1\" data-recalc-dims=\"1\"\/><\/p>\n<div class=\"code-block code-block-1\" style=\"margin: 8px 0; clear: both;\">\n<div class=\"td-all-devices\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/04\/1650190712_304_Ad-banner.jpg\" data-recalc-dims=\"1\"\/><\/div>\n<\/div>\n<p>The statement, issued on April 27, 2022, and signed by the secretary, Sandra Thompson, said \u201cneither this investment scheme nor the Promoters of the company have obtained the approval of Bank of Ghana, to operate in the banking and payment services sector.\u201d<\/p>\n<p> <!-- A generated by theme --> <\/p>\n<p><span class=\"td-adspot-title\"><\/span><noscript id=\"td-ad-placeholder\"\/><\/p>\n<p> <!-- end A --> <\/p>\n<p>While emphasizing that \u201csuch schemes are not regulated under any law in Ghana\u201d, the central bank cautioned all regulated institutions to refrain from enabling cryptocurrency transactions.<\/p>\n<p>\u201cThe general public is advised to exercise caution with regards to trading in cryptocurrencies and other unregulated investment schemes.<\/p>\n<p>\u201cThe Bank further cautions all regulated institutions including banks, specialized deposit-taking institutions, dedicated electronic money issuers and payment service providers to desist from facilitating cryptocurrency transactions and unlicensed investment schemes, through their platforms or agent outlets. The general public is advised to take note and be guided accordingly.<\/p>\n<p><strong>READ MORE :Just in: Fire guts prophet TB Joshua\u2019s tomb shelter, building<\/strong><\/p>\n<p>On the back of the release, Stonebwoy who has for some time now been introducing his followers to the money-making venture shared the statement and a disclaimer on Twitter.<\/p>\n<p>\u201cI know it wasn\u2019t easy but it\u2019s the right thing. Thank You,\u201d said Bridget Otoo who on countless occasions criticsed the musician for endorsing SIDICOIN<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Hello.. \ud83d\ude4f\u2665\ufe0f <a href=\"https:\/\/t.co\/jkuSwQLNrG\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/jkuSwQLNrG<\/a><\/p>\n<p>\u2014 1GAD (@stonebwoy) <a href=\"https:\/\/twitter.com\/stonebwoy\/status\/1519408921621979137?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 27, 2022<\/a><\/p>\n<\/blockquote>\n<p>Read all the Latest News, Entertainment News and gossips <strong>here<\/strong>. Follow us on <strong>Facebook<\/strong>, <strong>Instagram<\/strong> and <strong>Telegram<\/strong>.<\/p>\n<p><!-- AI CONTENT END 1 --><\/p>\n<p> <!-- A generated by theme --> <\/p>\n<p><span class=\"td-adspot-title\"><\/span><noscript id=\"td-ad-placeholder\"\/><\/p>\n<p> <!-- end A --> <\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghanaian Dancehall artiste, Stonebwoy, has disclaimed any official alliance with a supposed cryptocurrency investment scheme, Sidicoin. The Bank of Ghana (BoG) has in a statement cautioned the general public against investing in a cryptocurrency scheme \u201cSIDICOIN\u201d expected to be launched in the country before long. READ MORE ;Diana Asamoah takes \u2018slaying for God\u2019 to another [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1069897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[557,5842,85,646,10556,1676,170],"class_list":["post-1069895","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment","tag-bank","tag-cryptocurrency","tag-ghana","tag-reacts","tag-sidicoin","tag-stonebwoy","tag-warns"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1069895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1069895"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1069895\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1069895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1069895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1069895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}