IMF Urges Ghana to Strengthen Crypto Oversight Before 2026 Regulatory Regime

The International Monetary Fund (IMF) has advised Ghana to bolster its regulatory framework for crypto markets ahead of the implementation of new rules in December 2026. While the Virtual Asset Service Providers Act of December 2025 grants oversight powers to the Bank of Ghana and the Securities and Exchange Commission, the IMF noted that specific rules for trading, brokerage, and lending are still lacking. The report highlights the rapid growth of stablecoins in Ghana and recommends clearer requirements for reserve liquidity, redemption, and market-abuse prevention to manage risks in the country's $21 billion crypto market.