The Bank of Ghana has officially launched the National Virtual Asset Literacy Initiative (NaVALI), a nationwide programme aimed at promoting responsible use and regulation of virtual assets in Ghana.
The initiative was launched on Thursday, January 23, 2026, at Bank Square in Accra by the Governor of the Bank of Ghana, Dr. Johnson Pandit Asiamah.
Speaking at the launch, Dr. Asiamah described NaVALI as a landmark programme that reflects Ghana’s deliberate and forward-looking approach to the regulation and use of virtual assets, including cryptocurrencies and other blockchain-based technologies.
He noted that the recent enactment of the Virtual Asset Service Providers Act marked a significant milestone in the development of Ghana’s financial sector, adding that the Bank of Ghana and the Securities and Exchange Commission (SEC), as designated regulators under the Act, are currently working to establish the necessary structures and systems to ensure its effective implementation.
According to the Governor, regulation alone is insufficient without adequate public understanding of virtual asset activities and their associated risks.
“Effective regulation and enforcement cannot be achieved by regulators alone. The entire ecosystem must be adequately prepared through sound understanding, public education and consumer protection,” he said.
Dr. Asiamah explained that NaVALI is built on the principle of “understand before you undertake,” positioning virtual asset literacy as the foundation for a safe and inclusive digital economy.
The initiative is being led by the Bank of Ghana in collaboration with the Securities and Exchange Commission and key knowledge partners from academia and industry.
He outlined two main policy objectives of NaVALI: strengthening institutional capacity on virtual assets and enabling technologies such as blockchain to support regulation and policymaking, and promoting nationwide awareness of the risks associated with virtual assets to discourage uninformed and risky adoption.
Dr. Asiamah called for sustained collaboration among regulators, industry players, educators, civil society and the media to ensure the successful implementation of the initiative.
He also encouraged members of the public to actively participate in the programme by learning, asking questions and engaging responsibly with financial innovation.
“The launch of NaVALI is not an end, but a beginning. It is the foundation upon which effective regulation, consumer protection and sustainable innovation in virtual assets will be built,” he said.
The National Virtual Asset Literacy Initiative is expected to play a key role in Ghana’s efforts to build a secure, informed and resilient digital financial ecosystem.
Source: www.kumasimail.com
