The Bank of Ghana (BoG), in collaboration with the Securities and Exchange Commission (SEC), has launched the National Virtual Asset Literacy Initiative (NaVALI), a public education programme aimed at improving understanding of virtual assets and promoting their responsible adoption and use.
The initiative, unveiled on Thursday, January 23, 2026, is themed “Understand Before You Undertake” and comes at a time when Ghana is strengthening its regulatory framework for digital and virtual asset activities.
Speaking at the launch, Governor of the Bank of Ghana, Dr. Johnson Asiama, underscored the importance of collaboration in preparing the public for the evolving virtual asset ecosystem. He noted that regulation alone is insufficient without a well-informed public and industry stakeholders who understand both the opportunities and risks involved.
“At the Bank of Ghana, we acknowledge that effective regulation and enforcement cannot be achieved by regulators alone. The entire ecosystem must be prepared through a sound understanding of virtual asset activities, their implications, and associated risks. This underscores the need for public education, consumer protection, and regulatory preparedness. NaVALI meets this need,” he said.
Dr. Asiama further highlighted recent regulatory developments, noting that the passage of the Virtual Asset Service Providers Act is a major step forward for Ghana’s financial sector. According to him, the focus has now shifted to ensuring the law is effectively implemented to safeguard consumers and the financial system.
“The recent enactment of the Virtual Asset Service Providers Act marks a significant milestone in Ghana’s financial sector development. The Bank of Ghana and the Securities and Exchange Commission are focused on establishing structures, systems, and processes to ensure their operationalisation and address regulatory gaps and risks,” he stated.
The Governor stressed that NaVALI is not an end in itself but the starting point of a broader national effort to build a safe and sustainable virtual asset environment. He explained that the initiative is designed to support innovation while ensuring strong consumer protection and regulatory oversight.
Governor Asiama emphasised that the launch of NaVALI was a beginning, “the foundation upon which effective regulation, consumer protection, and sustainable innovation in virtual assets will be built”.
The NaVALI programme is expected to roll out targeted educational activities for the general public, market participants, and other stakeholders, as Ghana positions itself to manage the growing influence of virtual assets within its financial system.
By Bawa Musah
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