Bank of Ghana Launches National Virtual Asset Literacy Initiative
The Bank of Ghana (BoG) has launched the National Virtual Asset Literacy Initiative (NaVALI), a nationwide programme aimed at strengthening public understanding and institutional capacity in the use and regulation of virtual assets.
The initiative was officially launched on Friday, January 23, 2026, at the Bank Square in Accra by the Governor of the Bank of Ghana, Dr Johnson Pandit Asiama.
According to Dr Asiama, NaVALI forms part of Ghana’s deliberate and forward-looking approach to the regulation of virtual assets, following the recent passage of the Virtual Asset Service Providers Act.
“The enactment of the Act marks a significant milestone in Ghana’s financial sector development. The Bank of Ghana and the Securities and Exchange Commission, as the designated regulators, are focused on putting in place the structures and systems required for its effective operationalisation,” he said.
Dr Asiama noted that regulation alone would not be sufficient to address the risks associated with virtual assets, stressing the need for broad-based public education, consumer protection and regulatory preparedness.
“Effective regulation and enforcement cannot be achieved by regulators alone. The entire ecosystem must be adequately prepared through a sound understanding of virtual asset activities, their implications and associated risks,” he stated.
He explained that NaVALI is anchored on the principle of “understand before you undertake”, positioning financial literacy as the foundation for a safe and inclusive digital economy.
The initiative, which is being implemented by the Bank of Ghana in collaboration with the Securities and Exchange Commission, is guided by two key policy objectives. These include strengthening institutional capacity in virtual assets and enabling technologies such as blockchain, as well as promoting nationwide awareness of the risks linked to uninformed and speculative adoption.
Dr Asiama further called for sustained collaboration among regulators, industry players, educators, civil society organisations and the media to ensure the successful implementation of the programme.
“To the Ghanaian public, I urge you to participate, learn, ask questions and engage responsibly. Financial innovation can only support national development when it is anchored in knowledge, trust and accountability,” he added.
He described the launch of NaVALI as the beginning of a broader effort to build a resilient, well-informed and secure virtual asset ecosystem in Ghana.
