The Bank of Ghana (BoG), in collaboration with the Securities and Exchange Commission (SEC), today launched the National Virtual Asset Literacy Initiative (NaVALI), a programme aimed at enhancing public understanding of virtual assets and promoting safe, informed adoption.
Speaking at the launch, Bank of Ghana Governor, Johnson Asiama, described NaVALI as a cornerstone for building a resilient digital finance ecosystem in Ghana.
“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.
The initiative follows the recent enactment of the Virtual Asset Service Providers Act, which Governor Asiama called a significant milestone for the country’s financial sector. “The Bank of Ghana and the Securities and Exchange Commission are focused on establishing structures, systems, and processes to ensure its operationalisation and address regulatory gaps and risks,” he added.
NaVALI is designed to achieve two key objectives: to strengthen institutional capacity on virtual assets and enabling technologies such as blockchain, supporting effective regulation and policy formulation; and to raise nationwide awareness of the risks and implications of virtual assets, discouraging uninformed usage and risky adoption.
The Governor emphasised that the initiative marks the start of a broader effort. “The launch of NaVALI is not the conclusion but the beginning, the foundation upon which effective regulation, consumer protection, and sustainable innovation in virtual assets will be built,” he said.
The programme will roll out educational campaigns, workshops, and engagement platforms aimed at consumers, businesses, and industry players. Stakeholders from academia, the media, civil society, and the financial sector are expected to play active roles in supporting the initiative.
The Governor called on the public to participate, ask questions, and engage responsibly, stressing that financial innovation can only benefit national development when anchored in knowledge, trust, and accountability.
