Digital assets are already reshaping African finance, BoG’s Zakari Mumuni says the question is: will we shape it with rules or with speculation?
The First Deputy Governor of the Bank of Ghana (BoG), Dr. Zakari Mumuni, has called for the development of a trusted, inclusive, and resilient digital assets ecosystem, stressing that innovation in the sector must be guided by strong institutions rather than speculation. Delivering the keynote address at the Standard Chartered Digital Assets Summit in Accra on Friday, June 19, Dr. Mumuni said Africa’s growing digital asset economy presents significant opportunities for financial inclusion, cross-border payments, and capital market development, but requires deliberate regulation and collaboration to unlock its full potential. “The question is no longer whether digital assets will shape African finance. They already are. The real question is whether we will shape that future deliberately,” he said.
