The Bank of Ghana (BoG) has proposed new digital asset regulatory measures following an extensive internal review of Bitcoin, USDT and other cryptocurrencies. The Central Bank of Ghana has released draft guidelines for digital assets and is seeking feedback from the public and industry stakeholders on upcoming cryptocurrency regulations. According to the Bank of Ghana, data collected over the past three years shows a significant increase in demand for cryptocurrencies in Ghana. As a result, the bank plans to implement laws targeting risks such as money laundering, terrorist financing, fraud, and other measures to protect consumers. The Central Bank of Ghana has proposed an eight-pillar framework for cryptocurrency regulation, mainly strengthening registration and reporting requirements for cryptocurrency trading platforms or virtual asset service providers (VASPs). (Cointelegraph)