BusinessEconomy

BoG: Crypto scheme “Sidicoin” not approved to operate

The BoG said the company has not obtained the approval to operate in the banking and payment services sector in the country

The Bank of Ghana (BoG) has cautioned the public against doing business with cryptocurrency investment scheme “Sidicoin”.

In a statement on Wednesday (27 April), the BoG said: “Bank of Ghana has taken note of the impending launch of a cryptocurrency investment scheme named ‘SIDICOIN’.”

“The public is hereby cautioned that neither this investment scheme nor the Promoters of the company have obtained the approval of Bank of Ghana, to operate in the banking and payment services sector,” the statement said.

Read the full statement below:

Asaase Radio 99.5 – tune in or log on to broadcasts online
99.5 in Accra, 101.5 in Bawku, 99.9 in Bimbilla, 100.3 in Cape Coast, 90.7 in Ho, 98.5 in Kumasi, 99.7 in Tamale, 89.5 in Tarkwa and 106.9 in Walewale
Join the conversation. Call: 020 000 9951 or 059 415 7777. Or WhatsApp: 020 000 0995.
#AsaaseRadio
#TheVoiceofOurLand

Show More

Related Articles

Back to top button

Adblock Detected

ALLOW OUR ADS