RWATimes on Nostr: 📰 UMB becomes first bank in Ghana approved by BoG and SEC to offer virtual ...
📰 UMB becomes first bank in Ghana approved by BoG and SEC to offer virtual accounts
🗓️ Aug 29 2026 09:36 UTC - Citi Newsroom
Universal Merchant Bank (UMB) has become the first bank in Ghana to receive approval from both the Bank of Ghana (BoG) and the Securities and Exchange
➤ Universal Merchant Bank (UMB) in Ghana has received approval from the Bank of Ghana and the Securities and Exchange Commission to offer virtual accounts to businesses in the virtual asset ecosystem.
➤ This move positions UMB as a key player in Ghana's evolving digital economy, facilitating the integration of virtual asset businesses into the formal financial system.
➤ The approval aligns with UMB's strategic transformation agenda focused on innovation, digital capabilities, and operating within a sound regulatory framework.
#universalmerchantbank #ghana #bankofghana #securitiesandexchangecommission #virtualaccounts #virtualassetecosystem #fintech #digitaleconomy #regulatoryframework
🔗 Read more at:
https://rwatimes.io/articles/citinewsroom-umb-becomes-first-bank-in-ghana-approved-by-bo-g-and-sec-to-offer-virtual-accounts-514134326Published at
2026-08-29 22:07:22 UTCEvent JSON
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"content": "📰 UMB becomes first bank in Ghana approved by BoG and SEC to offer virtual accounts\n🗓️ Aug 29 2026 09:36 UTC - Citi Newsroom\n\nUniversal Merchant Bank (UMB) has become the first bank in Ghana to receive approval from both the Bank of Ghana (BoG) and the Securities and Exchange\n\n➤ Universal Merchant Bank (UMB) in Ghana has received approval from the Bank of Ghana and the Securities and Exchange Commission to offer virtual accounts to businesses in the virtual asset ecosystem.\n➤ This move positions UMB as a key player in Ghana's evolving digital economy, facilitating the integration of virtual asset businesses into the formal financial system.\n➤ The approval aligns with UMB's strategic transformation agenda focused on innovation, digital capabilities, and operating within a sound regulatory framework.\n\n#universalmerchantbank #ghana #bankofghana #securitiesandexchangecommission #virtualaccounts #virtualassetecosystem #fintech #digitaleconomy #regulatoryframework\n\n🔗 Read more at: https://rwatimes.io/articles/citinewsroom-umb-becomes-first-bank-in-ghana-approved-by-bo-g-and-sec-to-offer-virtual-accounts-514134326",
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