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Bank of Ghana cautions public against SIDICOIN investment scheme

Ivan Fylla by Ivan Fylla
April 28, 2022
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The Bank of Ghana (BoG) has said it has taken note of the impending launch of a cryptocurrency investment scheme named ‘SIDICOIN’.

The central bank cautioned the public that neither this investment scheme nor the promoters of the company have obtained the approval of the Bank of Ghana, to operate in the banking and payment services sector.

Notice to the General Public on a Cryptocurrency Investment Scheme Called ‘SIDICOIN’ pic.twitter.com/5Si2QywN1a

— Bank of Ghana (@thebankofghana) April 27, 2022

“The general public is advised to exercise caution with regards to trading in cryptocurrencies and other unregulated investments scheme,” a statement issued by the BoG on Wednesday April 27 said.

By Laud Nartey|3news.com|Ghana

Post Views: 144
Tags: The Bank of Ghana
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