The Securities and Exchange Commission (SEC) is considering licensing cryptocurrency in Ghana. Granted the SEC can do so within the coming months, all forms of crypto will be considered legal tender – in other words, legit money – for use within the nation’s borders.
This is, and always has been, the goal of cryptocurrency everywhere. Major assets like bitcoin were invented to give people without direct access to normal credit and banking options control over their finances, though many people behind these coins didn’t exactly make room for the volatility, price swings, hardcore regulation and malintent of users we’ve often been privy to since their introductions. It’s an unfortunate twist of fate, but it’s occurred nonetheless.