The bank issued a notice on digital and virtual currencies operations in the country.
The bank said:
"While the Bank of Ghana acknowledges the enormous potential in the blockchain technology and how that can significantly transform the payments system landscape and promote financial inclusion, we are assessing with stakeholders and other international partners how the subsequent use of the blockchain technology into digital currencies would fit into the global financial and payments architecture."
The bank therefore encouraged the public to do business with only institutions it had licensed to ensure that such transactions fall under its regulatory purview.