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Be cautious of the cryptocurrency “Freedom coin” – Bank Of Ghana warns

Be cautious of the cryptocurrency “Freedom coin” – Bank Of Ghana warns

The Bank of Ghana (BoG) has issued a statement to warn the general public of a cryptocurrency known as “Freedom Coin” that is said to be launched in Ghana that has not yet obtained authorisation from the central bank.

The central bank also added in their statement that under its legislation, it has not authorised the functioning of any crypto currency.

The public is now advised that neither this crypto currency nor the promotional company has received approval from the Bank of Ghana to operate in the banking and payment sectors, according to the statement.

Chec below to see the full statement:

 

Be cautious of the cryptocurrency "Freedom coin" - Bank Of Ghana warns

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