BoG to roll out new digital banking framework as financial sector goes more digital
Bank of Ghana (BoG) is set to roll out a new regulatory framework for digital banking. Governor Dr. Johnson Asiama disclosed that the central bank has completed work on the framework and is preparing to engage industry stakeholders before implementation. He stated, "We have prepared the Digital Banking Framework, together with comprehensive draft guidelines, and it is now ready for stakeholder consultation, to support its timely implementation and provide a clear regulatory foundation for the next phase of digital banking in Ghana." Dr. Asiama made this announcement in a keynote address at the Financial Architecture Summit held at the National Banking College in Accra.
Dr. Asiama also announced progress on regulating virtual asset activities in Ghana following the passage of the Virtual Asset Service Providers (VASP) Act, 2025. The Bank of Ghana is now developing, alongside the Securities and Exchange Commission, the licensing requirements and implementation guidelines that will operationalise it. He stressed that innovation must be supported by secure, interoperable and inclusive financial infrastructure.
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The Bank of Ghana (BoG) is preparing to introduce a new regulatory framework for digital banking to enhance oversight of the country's rapidly
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