Ghana plans to explore gold-backed stablecoins; it passed a bill yesterday legalizing cryptocurrency transactions.

PANews reported on December 23 that, according to The Block, the Ghanaian Parliament passed the Virtual Asset Service Providers Act , officially legalizing cryptocurrency trading. Related practitioners must register with the central bank or securities regulator. The Central Bank of Ghana stated that in 2026 it will explore asset-backed digital settlement tools, including gold-backed stablecoins, to promote cross-border payments and market infrastructure development.

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