Ghana Puts Central Bank in Charge of Crypto Regulation
Ghana’s parliament approved the legalization of cryptocurrency, giving its central bank the authority to handle the regulation of digital assets. The move was reported by…
Posts Tagged: Ghana
Cocoa Tops $11,000 on Ivory Coast’s Crop Concerns
Cocoa futures topped $11,0000 as traders monitored crop conditions in Ghana and the Ivory Coast’s key growing areas. A strengthening US dollar capped the agricultural…
Cocoa Tops $8,500 on EU Deforestation Rules, Shrinking Global Supplies
Cocoa futures stayed above $8,500 per metric ton to finish the trading week as further supply concerns supported the agricultural commodity’s spike. Despite cocoa stalling…
Cocoa Rips Higher to One-Month High on Shrinking US Supplies, Ghana Price Hike
Cocoa futures ripped above $9,400 to start the trading week after Ghana announced higher producer prices and a domestic exchange reported that US inventories were…
Bank of Ghana Rolls Out Digital Credentials for International Trade, CBDC Payments
Ghana’s central bank, the Bank of Ghana (BoG) recently completed a proof-of-concept into the use of digital credentials for CBDC-based international payments and cross-border trade….
Cocoa Surges Above $8,000 on New Crop Health Fears, Limited Sales
Cocoa futures returned above $8,000 on Monday as traders turned bullish on news that one of the largest West African markets is limiting sales of…
Cocoa Little Changed As Traders Monitor Beneficial Growing Conditions in West Africa
Cocoa futures struggled to break $8,000 in the middle of the trading week as good weather conditions in West Africa weighed on prices. The agricultural…
Cocoa Prices Eye $10,000 Again on Growing Market Tightness
Cocoa futures eyed $10,000 per metric ton on Tuesday as market tightness continued to support the agricultural commodity. The ascent in cocoa prices had stalled…