Ghana Virtual Asset Act 1154 Targets 4.5 Trillion Cedi Market
Ghana enacted Act 1154 to regulate virtual assets, aiming to secure a market where mobile money transactions reached 4.5 trillion cedis in 2025.
Key points
- Ghana passed Act 1154 to regulate virtual asset service providers and establish a coordinating committee.
- Mobile money transactions in Ghana reached 4.5 trillion cedis in 2025, up from 560 billion cedis in 2020.
- Over three million Ghanaians participate in virtual asset trading and savings, driving demand for regulatory clarity.
Ghana enacted the Virtual Asset Service Providers Act to regulate its digital economy. The law targets a sector where mobile money transactions reached 4.5 trillion cedis in 2025.
The Bank of Ghana reported that nearly 10 billion mobile money transactions occurred by 2025. This volume represents a significant increase from the three billion transactions recorded in 2020.
Regulatory Framework Establishes Market Oversight
Act 1154 mandates the creation of a Virtual Asset Coordinating Committee. This body will coordinate supervision among the Bank of Ghana and the Securities and Exchange Commission.
Officials stated that innovation requires strong institutions and credible regulations. The new framework aims to protect consumers while allowing digital asset growth to proceed safely.
Mobile Money Evolution Drives Digital Adoption
Mobile money became deeply embedded in Ghanaian economic life over the past decade. This success provides a foundation for adopting stablecoins and tokenized assets.
Peter Frimpong Manso argued that blockchain technology should build on existing mobile money systems. He emphasized that new digital infrastructure must expand access and unlock investments responsibly.
Three Million Users Drive Market Demand
More than three million people in Ghana currently participate in virtual asset activities. These activities include trading, savings, and cross-border value transfers linked to the country.
The Digital Asset Summit Africa 2026 highlighted the need for deliberate market development. Ghana Business News reported that regulators are working to prevent uncoordinated public navigation of these assets.
