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Wednesday, December 24, 2025

CDABI-GH hails historic passage of Ghana’s virtual asset law

Parliament House of Ghana Parliament House of Ghana

The Chamber of Digital Assets and Blockchain Innovation (CDABI-GH) has applauded Parliament, the Bank of Ghana and the Securities and Exchange Commission for the landmark passage of Ghana’s Virtual Asset legislation, describing it as a historic step toward regulatory clarity, investor confidence and consumer protection.

In a statement issued on December 23, 2025, CDABI-GH emphasised that the new law signals a clear commitment to responsible digital innovation.

“When law meets innovation, confidence is born, with this legislation, Ghana has moved from experimentation to institution, from ambiguity to certainty and from promise to policy.”

The Chamber particularly commended the Governor of the Bank of Ghana and the VASP policy and technical teams, alongside the Director-General of the SEC and his staff, for their foresight and dedication.

“Their discipline and commitment to national interest have transformed a complex and fast-moving frontier into a governed, credible, and investable ecosystem,” the statement added.

The legislation, which CDABI-GH describes as more than just a law, is seen as a clear signal to the market:

To innovators: Ghana is open for business.

To investors: Ghana is a safe and regulated environment.

To citizens: Consumer interests are protected.

The Chamber also lauded Parliament for its diligence and courage, noting that lawmakers chose thoughtful regulation over delay.

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“By prioritizing national progress and shaping the future of digital finance, Parliament has ensured that Ghana will not simply chase the future—it will define it,” CDABI-GH said.

Looking ahead, the Chamber reaffirmed its commitment to supporting regulators during the law’s implementation.

“We stand ready to advance compliance, build capacity, educate market participants, and promote responsible innovation across the ecosystem,” the statement said.

AM

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