Central Bank of Ghana Warns against Transacting in Foreign Currencies | Kenyan Wallstreet \ stacker news ~bitcoin

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Central Bank of Ghana Warns against Transacting in Foreign Currencies | Kenyan Wallstreet kenyanwallstreet.com/central-bank-of-ghana-warns-against-transacting-in-foreign-currencies-within-the-country/

19 sats \ 11 comments \ @KenyaCoin 12 Apr 2022 bitcoin

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10 sats \ 1 reply \ @UlfMoby 12 Apr 2022

🤡

0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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0 sats \ 7 replies \ @KenyaCoin OP 12 Apr 2022

The Central Bank of Ghana has prohibited companies, individuals, and institutions from the following:

Engaging in foreign exchange without a licence issued by the Bank of Ghana (BOG) Pricing, advertising, receipting, or making payments for goods and services in foreign currency in the country without written authorization from the Bank of Ghana.

30 sats \ 1 reply \ @mf 12 Apr 2022

Didn't know central banks made laws as well. 🤡🌎

0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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0 sats \ 3 replies \ @KenyaCoin OP 12 Apr 2022

Prohibition of Pricing, Advertising, Receipting and / or Making Payments for Goods and Services in Foreign Currency in Ghana

https://bog.gov.gh/wp-content/uploads/2022/04/BOG-Notice-BG-GOV-SEC-2022-04-Prohibition-of-Pricing-Advertising-Receipt-and-or-Making-Pmts-for-Gds-and-Services-in-Foreign-Currency-in-Ghana-1.pdf

0 sats \ 1 reply \ @KenyaCoin OP 12 Apr 2022

Those who were found culpable, the statement said, would be subjected to a fine of up to 700 penalty units or a term of imprisonment of not more than 18 months or both.

The Bank further noted that it would, in collaboration with National Security and Law Enforcement Agencies, continue to clamp down on all illegal foreign exchange operators in the country and would be made to face the full force of the law.

Bank of Ghana Says it is Illegal to Use Other ‘Currencies’ for Transactions Beyond the Cedi - BitcoinKE https://bitcoinke.io/2022/04/bog-warns-against-the-use-of-other-currencies-beyond-cedi/