Daniel Ogbamey-Tetteh, Director-General of the Ghana Securities and Exchange Commission, said that the commission has established a task force to help it build its capacity to supervise and regulate crypto assets. The establishment of the working group is in line with the International Organization of Securities Commissions (IOSCO) calling on members to take measures to protect consumers of digital assets.
The Deputy Director General of the Ghana Securities and Exchange Commission previously advised Ghanaian residents to stay away from crypto assets as they are not regulated by the commission. Yet Ghanaian residents continue to trade and invest in cryptocurrencies, forcing regulators to think about ways to protect crypto users. (Bitcoin.com)