The Bank of Ghana has launched the National Virtual Asset Literacy Initiative (NaVALI) to educate the public on virtual assets and promote responsible usage.
This move follows the recent enactment of the Virtual Asset Service Providers Act, which aims to address regulatory gaps and risks.
The initiative is a collaboration between the Bank of Ghana, the Securities and Exchange Commission, and key partners from academia and industry.
The objectives are to strengthen institutional capacity on virtual assets and blockchain technology and to promote nationwide awareness of virtual asset risks and implications
Governor Dr. Johnson Pandit Asiamah in his address emphasized the importance of public education and consumer protection, saying “understand before you undertake” should be the guiding principle for virtual asset engagement.
The launch of NaVALI marks the beginning of a new era in Ghana’s digital financial landscape, with a focus on knowledge, trust, and accountability. Would you like to know more about Ghana’s virtual asset regulations or the impact of NaVALI on the economy?
