Sam AdeyemoFinance Minister, Godongwana, says draft regulations to be published soon
The Signal
Last year, a South African court ruled that existing exchange-control laws did not clearly apply to cryptocurrencies. The judgment limited regulators’ ability to treat cross-border crypto transfers as capital exports under current definitions. Treasury now plans to close the legal gap.
Finance Minister, Godongwana, says draft regulations to be published soon
The Bank of Ghana and SEC have jointly directed virtual asset service providers to cease mass marketing and remove billboards, days after admitting six entities into a regulatory sandbox.
Plus: 🇬🇭 Ghana brings crypto into its regulatory perimeter with a new VASP law; 🇿🇦 South Africa’s central bank says CBDCs matter — just not right now
Parliament’s approval of the Virtual Asset Service Providers Bill gives regulators authority over crypto activities, ending years of policy ambiguity.
The international lender of last resort says stablecoin issuance has grown to $300 billion in 2025, but increased adoption poses financial risks if left unchecked.
Parents maintain full control of these accounts designed to teach crypto and financial literacy to children aged 17 and under.
The bank sees no need to deploy a retail CBDC anytime soon, but it will explore wholesale options.
Adoption is on the rise, but with increased adoption comes financial stability risks that the bank is now looking to counteract.
Plus: 🇬🇭 Ghana to deploy blockchain to track gold and curb illegal mining; 🇲🇦 Morocco publishes draft crypto rules.
