|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
BoG advisor indicates that people will need a minimum of GH¢10,000 to purchase the new Ghana Gold Coin
Oct 01, 2024 at 10:09 pm
An advisor at the Bank of Ghana has indicated that people will need a minimum of GH¢10,000 to purchase the new Ghana Gold Coin. The advisor, Dr Steve Opata, said the central bank was trying to ensure inclusivity with the coins.
People will need a minimum of GH¢10,000 to purchase the new Ghana Gold Coin, an advisor at the Bank of Ghana has said.
The central bank is trying to ensure inclusivity with the coins, Dr Steve Opata told Metro TV.
He added that the Bank of Ghana eventually wants to allow purchases with mobile money.
PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app!
The coins were introduced by the central bank on September 27 as part of its efforts to provide Ghanaians with alternative investment options.
The coins, which will come in different sizes, are part of the central bank's Responsible Gold Sourcing Policy Framework.
According to Dr. Opata, the central bank is aiming to increase inclusivity by introducing the coins.
Why did BoG launch the gold coins?
The central bank also stated that it launched the coins to mop up extra liquidity in the banking sector.
At the launch of the coins, the governor of the Bank of Ghana said the coins will be available in October 2024.
The Ghana Gold Coin is made from gold ore dug in Ghana and refined to 99% purity, which the BoG will guarantee.
Mobile money transactions hit GH¢1.775 trillion
YEN.com.gh also reported that mobile money transactions in Ghana amounted to GH¢1.775 trillion in the first eight months of 2024.
The Bank of Ghana's September 2024 Summary of Economic and Financial Data outlined figures on mobile money transactions.
As of August 2024, there were 70.5 million mobile money accounts in the country, of which 22.8 million are considered to be active.
The government accrued an amount of GH¢810.5 million from the Electronic Transactions Levy during the first half of 2024.
Proofread by Bruce Douglas, senior copy editor at YEN.com.gh
New feature: Сheck out news that is picked for YOU ➡️ click on “Recommended for you” and enjoy!
Source: YEN.com.gh
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- UK Launches Digital Securities Sandbox to Boost Financial Innovation
- Oct 02, 2024 at 02:25 am
- The Bank of England (BoE) and the Financial Conduct Authority (FCA) have recently announced the launch of a Digital Securities Sandbox (DSS), marking a significant step in the evolution of the United Kingdom’s financial system.
-
- Helium, Ethereum, BlockDAG: Which Crypto Will Outperform the Market This Month?
- Oct 02, 2024 at 02:25 am
- Helium's crypto token has been turning heads with its new take on blockchain-driven broadband. Helium aims to make internet access cheaper through decentralized technology. On the other hand, Ethereum has seen some ups and downs. It started at $2,419 on September 15, then fell by 3% over the weekend after an encouraging 15% increase the previous week.
-
- Justin Sun Deposits $21.5M Worth of $EIGEN Tokens to #HTX After the Token Was Listed on Major Exchanges Today
- Oct 02, 2024 at 02:25 am
- The $EIGEN tokens were claimed from EigenLayer via five distinct wallet addresses within the past 24 hours. This large deposit may be made in order to sell these $EIGEN token.
-
- Immutable X (IMX) and Mpeppe (MPEPE): Revolutionizing Web3 Gaming and GambleFi
- Oct 02, 2024 at 02:25 am
- The gaming industry is entering a new era, fueled by the rapid rise of decentralized technologies like Web3 and blockchain. Leading this revolution are two powerhouse platforms: Immutable X (IMX), a leader in the NFT gaming space, and Mpeppe (MPEPE), the up-and-coming star in the GambleFi sector.
-
- Immutable X (IMX) and Mpeppe (MPEPE): Two Key Players Reshaping the Landscape of Decentralized Gaming
- Oct 02, 2024 at 02:25 am
- The gaming industry has experienced a seismic shift in recent years, with blockchain technology playing a critical role in transforming how games are developed, played, and monetized.
-
- Mpeppe (MPEPE): A New Star Emerges in the Gambling and Play-to-Earn Ecosystem, Attracting Immutable X (IMX) Investors
- Oct 02, 2024 at 02:25 am
- The cryptocurrency world has always been dynamic, with investors constantly seeking out promising opportunities to enhance their portfolios. Recently, Immutable X (IMX) investors have been making a significant shift, eyeing the growing potential of Mpeppe (MPEPE), a new player in the gambling and play-to-earn ecosystem.