Crypto regulation to attract investment — Nicole Heinrich
The Chief Commercial Officer (CCO) of KeytoMarkets International, Nicole Heinrich, has commended the central bank for the decision to design comprehensive policy to help regulate cryptocurrency platforms in the country.
When completed, she explained that the proposed policy would help unlock a wave of innovation and investment in the country’s burgeoning FinTech ecosystem.
“This is a significant and welcome development to spur innovation, attract investment,” Ms Heinrich said in an interview ahead of the company’s digital financial training programme scheduled for August 16, 2025.
The training
The training is expected to benefit 2,500 students from the Kadjebi-Asato Senior High School (KASEC).
This initiative aims to equip them with pertinent skills for enhancing their livelihoods, encourage productive engagement online, mitigate cybercrime, and complement the government's strategies for reducing unemployment.
The training programme, a collaborative effort between KeyToMarkets International and Women in Forex Ghana (WFG), is designed to impart digital financial literacy and skills.
The regulations
The proposed cryptocurrency regulation is scheduled for rollout by September 2025.
The Governor of the BoG, Johnson Asiama, who revealed this, stated that the central bank was working towards launching the regulatory regime by the third quarter of 2025.
The implementation of these rules is dependent on the passage of a Virtual Asset Service Providers Act, which would empower the BoG to license and supervise VASPs.
As part of the plan, a dedicated digital assets unit will be established to enforce the new measures.
Digital literacy
The Chief Commercial Officer stated that the gap in digital finance literacy especially forex and has decided to collaborate with Women in Forex Ghana to amplify the advocacy of the need for youth to explore the forex market accurately and adequately by emphasising on proper skill set and education.
She explained that the Mauritius-based brokerage firm seek to create opportunity for students to fully partake in the enormous opportunities on the financial market with their top notch and seamless trading platform.
Valuable skills
The Head of African Business at Keytomarkets International, Abiola Adekunle, stated that the partnership between the two firms sought to provide training and education in digital finance.
He said this partnership aims to train and introduce 2,500 students from Kadjebi Senior High School to the realm of digital finance, empowering them with valuable skills.
“There is a pressing need to address widespread misconceptions about forex trading, particularly among young adults who constitute over 80 per cent of online engagements.
“Steering these young individuals towards productive online activities can help mitigate unhealthy behaviors in the digital space,” he added.
Career prospects
The Chief Executive Officer (CEO) of Women in Forex Ghana, Gifty Annor-Sika Asantewah, who is the representative of Keytomarkets International, stated that the training was intended to ready the students for enhanced finance and career prospects in the job market.
She said instilling the value of saving and investment in students at a young age can significantly impact their future financial decisions and liberation.
She said it was crucial to educate them early on, especially during these times of unemployment and pandemics, to empower them with the skills to make informed financial choices.
She added that the digital finance training programme was aimed at empowering the youth with relevant skills for improved livelihoods, promoting productive online engagement, combating cybercrime and supporting the government's efforts to reduce unemployment.