By Kingsley Webora TANKEH

An organizer from the Digital Assets Summit Africa 2025 (DASA’25) committee, Peter Frimpong Manso, is calling for the swift implementation of regulations concerning digital assets in Ghana to enhance access to financial services.

He highlighted the impressive $500 million in digital assets currently moving across Africa as proof of an expanding market that structured regulations might support and safeguard.

He stated exclusively to the B&FT: “With major global financial centers like London and New York pushing forward with digital assets, we must strive to make sure Ghana, along with the broader African region, does not fall out of step.”

The African digital assets sector is anticipated to grow to $5.6 billion by the conclusion of 2025, expanding at an annual rate of 6.37%. It is forecasted to achieve $6 billion by 2026, with an average revenue per user predicted to amount to $80.9 in 2025. The U.S. tops the global landscape regarding earnings, set to attain $18.6 billion in 2025. Digital assets encompass technologies such as blockchain, stablecoins, NFTs, and asset tokenization.

Nevertheless, the number of users in Africa’s digital assets sector is expected to grow to 75.77 million by 2026, with an estimated user adoption level reaching 5.5% in 2025 and rising to 5.9% by 2026.

This highlights a potential area for expanding access to financial services. With digital currencies becoming more popular across Africa, Nigeria stands at the forefront, driven by its lively cryptocurrency network and growing use of blockchain technology.

Referencing the speed at which digital assets are gaining recognition, regulation, and application, particularly in the U.S., where President Donald Trump has supported them and a significant regulatory law was enacted in July, Mr. Frimpong Manso voiced concern about the Bank of Ghana’s indifferent attitude toward this vital area. In 2024, Ghana saw more than $3 billion in cryptocurrency transactions, quickly becoming West Africa’s center for digital assets.

The Bank of Ghana is set to present its suggested cryptocurrency licensing legislation to Parliament in September 2025. Considering this, Mr. Frimpong Manso called on the government to involve various stakeholders extensively to gain meaningful input into the bill. The planned structure would mandate exchanges and wallet services to enroll, fulfill basic capital standards, and notify authorities about unusual activities.

The groundbreaking Digital Assets Summit Africa 2025 (DASA’25) will be held in Accra between September 29 and 30. This event seeks to clarify what digital assets are and present them as an effective means of promoting financial access and driving economic development. It intends to educate people regarding the upcoming rules governing these assets and emphasize their significant role in expanding financial inclusion. DASA will gather experts, officials, decision makers, creators, financiers, and business executives from throughout the region and internationally to explore methods of regulating digital assets sustainably, ensuring they continue growing and realizing their vast possibilities.

“This finance industry has the potential to offer access to individuals who typically lack the means to save funds or use conventional banks,” he mentioned. “Digital currencies create a pathway for them to engage in economic activities,” he added.

He highlighted the motivation for organizing the summit. “Observing that Ghana was lagging behind—and with Nigeria, Kenya, and others progressing toward establishing this framework—served as my driving force,” said Mr. Frimpong Manso. “I questioned myself: ‘How can I add value to Ghana’s economy in a way that hasn’t been considered before?’ When the Bank of Ghana began regulating this area, I aimed to assist in defining that discussion.”

This occurs during a period marked by strong skepticism within the local finance industry because of the uncertainty surrounding investment opportunities. Mr. Frimpong Manso shared an exchange with a high-ranking official from a leading bank who voiced concerns but admitted that this development here to remain. As he stated, the banker’s reaction highlights the importance of the conference: “Regardless of our feelings, these financial instruments are here to stay. If we do not participate, we risk being left out.”

In response to worries regarding risk, fraudulent activities, and cybersecurity—issues frequently raised due to the unpredictable nature of digital assets such as NFTs—the summit has brought together top-tier specialists. These professionals will conduct discussions focused on understanding major trends, fighting cryptocurrency-related crimes, handling custodial risks, and exploring the essential link between the development of traditional banking and digital currencies.

Event planners intend to create a framework or guideline following the conference, acting as an essential reference for continuous discussion, aiming to offer a well-defined, knowledgeable direction for both regulatory bodies and investors.

As Ghana stands at a pivotal point in regulation, this conference goes beyond mere speeches from stage-presenters; it marks an organized effort to transform digital assets from a hidden operation into a widely recognized and controlled driver of economic growth and inclusivity throughout Africa.

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