The Bank of Ghana has issued regulatory directives requiring banks, licensed deposit-taking institutions, electronic money issuers, payment service providers, and other regulated financial institutions to cease supporting unauthorized fiat currency wallet services aimed at Ghanaian users. These services mainly involve dollar and other foreign currency-denominated wallets provided by crypto platforms. The Bank of Ghana stated that the related arrangements involve activities such as bank transfers, payment cards, settlement, and customer access support, which typically require authorization under the Payment Systems and Services Act of 2019, the Foreign Exchange Act of 2006, and other relevant laws, but the involved crypto platforms have not yet obtained authorization from the central bank. Institutions that do not comply with this directive may face regulatory or law enforcement actions.