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flag Ghana bans virtual asset ads to curb risks, enforce compliance.

flag Ghana’s Bank of Ghana and Securities and Exchange Commission have ordered all virtual asset service providers to halt public advertising, including billboards, within 48 hours, citing unregulated marketing risks. flag The ban, enforced under the 2025 Virtual Asset Service Providers Act, applies to all firms, including those in regulatory sandboxes, and requires registration for any advocacy. flag Unauthorized promotion may lead to severe penalties. flag Regulators stressed the need for financial stability, consumer protection, and compliance with global standards, with new guidelines expected soon. flag Existing providers may apply for transitional registration.

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