Those who were found culpable, the statement said, would be subjected to a fine of up to 700 penalty units or a term of imprisonment of not more than 18 months or both.

The Bank further noted that it would, in collaboration with National Security and Law Enforcement Agencies, continue to clamp down on all illegal foreign exchange operators in the country and would be made to face the full force of the law.

Bank of Ghana Says it is Illegal to Use Other ‘Currencies’ for Transactions Beyond the Cedi - BitcoinKE https://bitcoinke.io/2022/04/bog-warns-against-the-use-of-other-currencies-beyond-cedi/