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Ghana's Central Bank proposes new regulations to strengthen oversight of Crypto Assets.
Golden Finance reports that the Bank of Ghana (BoG) has now taken action to establish a regulatory framework for Crypto Assets such as Bitcoin and Tether, and has published a draft set of guidelines to strengthen the regulation of digital assets. The proposed regulations also require all Crypto Assets exchanges to undergo BoG's "thorough registration process" and participate in sandbox testing before being allowed to operate. According to the draft, this initiative is crucial for ensuring that all market participants comply with the "highest standards of safety and operational integrity."
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