Tag: Finchcoin
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BoG unfazed by digital currency inroads in Ghana
The Bank of Ghana is confident it should be able to regulate activities on the use of digital currencies in Ghana, with the passage of the new laws on electronic financial payments in Ghana. The renewed optimism follows the launch of Finchcoin, the first Ghanaian manufactured digital currency. Already, the central bank has cautioned the…
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Local cryptocurrency operators seek BoG intervention
Operators of digital currencies in Ghana have impressed upon the Bank of Ghana to expedite processes of completing new regulations on electronic financial payments to legalise their operations. They argue that the impact of digital currencies across the globe should warrant its operation in Ghana. The Bank of Ghana has cautioned the public against transacting…