Ghana: Parliament adopted Virtual Asset Service Providers Act, 2025 including user identification requirement

On 12 December 2025, Parliament adopted the Virtual Asset Service Providers Act, 2025, which includes a user identification requirement, on third reading. The Act's date of entry into force will be announced. The Act will apply to virtual asset service providers providing such a service from or in Ghana. Virtual assets are defined as digital representations of value that can be digitally traded or used for payment, though excluding central bank digital currencies and representations of fiat currency. Section 33 of the Act requires service providers to collect and maintain information on beneficiaries and originators of virtual asset transfers. Further, providers must make such transaction information available to regulatory authorities within 48 hours upon request.