Ghana and cryptocurrencies...An Expert today talked about crypto currencies" Revise stance on Cryptocurrency trading. Prof. QUAYNOR TO Bank Of Ghana.

Is barely months ago that the Bank of Ghana issued a cautioned statement to the public against transacting business with digital currencies such as Bitcoin. "The central bank said there is no legal mechanism which recognized cryptocurrencies operations in the country.

Today at an event held in spear-heading the use of technology in our everyday lives..Prof Nii Narku Quaynor urged the Bank of Ghana to revise its stance on the trade in cryptocurrencies.

According to Him, the central bank stance could have a rippling effect in the blockchain a part of the cryptocurrency technology was extremely useful which is the blockchain, so this is a way balanced kind of thing.

What i wish we need to discuss is its implications on investments in the sense that countries which create the right environment for investment will get more in the investment so if you tell people that don't look at cryptocurrency ,then the net effect may not even look at blockchain he said.

The general public as a whole has limited idea about the cryptocurrency. So the cautioned issued by The BOG has prevent many from investing in this currencies..
I think a lecture like this will help the public and even the Bank to better understand the the importance of investing into this currencies.
I must say am well impressed about how experts are advocating in accepting Cryptocurrencies .....

I hope in no more time the central Bank will revise its stance to make it more than legal thunder...

News source :myjoynews.com

Thank you and i would be glad if more knowledge is adding to this post so we could help promote and explain it better.
Long live crypto.
Long live digital currencies