Mahamudu Bawumia – Miami Crypto Coin

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Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation

Post author:MiamiCrypto
Post published:November 27, 2022
Post category:Bank of Ghana cedi depreciation Featured Foreign exchange gold gold-for-oil Mahamudu Bawumia Precious Minerals Marketing Company (PMMC)Samuel A. Jinapor

According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold…

Ghana CBDC Development: New Central Bank Document Outlines Key Motivations for Issuing the Digital Currency

Post author:MiamiCrypto
Post published:March 28, 2022
Post category:Bank of Ghana CBDC Cryptocurrencies Digital Currency Digital payments e-cedi Emerging Markets Ernest Addison financial inclusion Giesecke Devrient Mahamudu Bawumia

In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s…