Bitcoin
$ 35,873
Ethereum
$ 2,418.7
Litecoin
$ 163.21

SEC announced plan to create FinTech Roundtable for Cryptocurrency Regulation in Ghana

Amid the latest cryptocurrency regulations and CBDC discussion, the Securities and Exchange Commission of Ghana announced its plan to create an engagement series dubbed ” FinTech Roundtable” for sector players in the blockchain and cryptocurrency space to dialogue on how to regulate the digital coin for transactions in Ghana.

At the Fintech roundtable, it is expected that the outcome of the engagement will help in formulating policies, rules and regulations for the blockchain technology, which when approved will inject billions of cedis into the Ghanaian economy.

At the SEC 10-year Masterplan Project, Deputy Director General, Paul Ababio said,

“There are various dynamics of the cryptocurrency space that needs to be dealt with in an orderly manner. There’s the actual block chain technology which can be deployed for other purposes and then the monetization of that technology and how it interacts with the real sector. Now we will establish this engagement session and invite selected participants to come out and discuss a clear cut cryptocurrency policy.”

It is worthy to note that once the working group is formed, it is expected that a time frame will be adopted and implementation will begin as soon as possible.

Meanwhile, SEC pointed out that as regulators they have concerned with money laundering and how that will be dealt with.

 

 

 

Related Posts

Leave a Reply

Newsletter

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

Russian Central Bank Confirms Digital Rouble Trials Commence in 2022
June 12, 2021By
Thailand’s SEC Has Banned NFTs And Meme-Based Tokens
June 12, 2021By
UAE Based Sheesha Finance partners with NFT Sports Platform SportsIcon
June 12, 2021By

Advertisement

Video Posts

In
Economic Inclusion And Social Impact Of 4IR
May 21, 20210
In
Flash Listing On Mandala Exchange
May 15, 20210

Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin35,873 0.64 % 2.69 % 2.88 %
Ethereum2,418.7 0.46 % 0.40 % 10.24 %
Tether1.000 --- 0.25 % 0.35 %
Binance Coin347.31 0.93 % 2.61 % 11.46 %
Cardano1.470 0.12 % 0.41 % 14.00 %
Dogecoin0.3161 0.03 % 0.05 % 16.31 %
XRP0.8396 0.43 % 1.74 % 13.51 %
USD Coin1.000 0.44 % 0.08 % 0.20 %
Polkadot21.00 0.91 % 1.87 % 16.34 %
Uniswap21.72 0.82 % 2.65 % 18.04 %

You have not selected any currencies to display