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'Freedom Coin' Boss Sends A 'Strong' Message To BoG, Ghanaians Massively React

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Cryptocurrency named 'Freedom Coin' which is yet to be launched has their boss as Nana Kwame Bediako. Nana Kwame Bediako sent a strong message to the Bank of Ghana (BoG) after BoG cautioned the citizens not to patronize the free coin when it's launched because it's fraud.

The Bank of Ghana in a statement issued on Wednesday, March 9, 2022 mentioned that “In line with notice NO.BG/GOV/SEC/2018/02 issued on 22nd January 2018, which can be found on the Bank’s website, Bank of Ghana wishes to reiterate that cryptocurrencies such as Bitcoin are not regulated under any laws in Ghana, and are therefore not backed by any guarantees or safeguards."

“Bank of Ghana advises the general public to exercise caution in respect of cryptocurrency transactions." The central bank of the country said in a statement.

Meanwhile, Nana Kwame Bediako in replying to the statement by the BoG wondered why the central Bank will not rather tackle the depreciating cedi but will rather look to tackle a freedom coin which is not yet launched.

Below are some reactions from Ghanaians on the message from Nana Kwame Bediako to BoG. You can add yours by commenting below.

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Bank Bank of Ghana Ghanaians Nana Kwame Bediako


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