{
  "id": 3472060,
  "title": "NaVALI launched in Ashanti to deepen public education on virtual assets",
  "url": "https://urgent.news/2026/08/26/navali-launched-in-ashanti-to-deepen-public-education-on-virtual",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T08:59:55.000Z",
  "source": {
    "name": "Ghanaian Times",
    "slug": "ghanaian-times",
    "url": "https://ghanaiantimes.com.gh/navali-launched-in-ashanti-to-deepen-public-education-on-virtual-assets/"
  },
  "original_language": "en",
  "account": "The National Virtual Assets Literacy Initiative (NaVALI) was inaugurated in the Ashanti region at the University of Skills Training and Entrepreneurial Development (USTED) in Kumasi. This initiative aims to enhance public understanding of virtual assets and safeguard consumers from digital financial risks. The nationwide effort, in collaboration between the Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC), is being conducted under the slogan 'Understand Before You Undertake.'\n\nKey figures present at the launch included Owureku Asare, Acting Head of Fintech and Innovation Department at the BoG, and Emmanuel Mensah Thompson, Acting Deputy Director-General (Finance) at the SEC. They emphasized the importance of regulatory oversight and consumer protection as digital finance and virtual assets gain prominence.\n\nProf. Humphrey Danso, Dean of the Faculty of Technical Education at USTED, highlighted the significance of the regulator's partnership, deeming it a national initiative grounded in knowledge, responsibility, and public safety. He cautioned that rapid technological progress, from electricity to the internet, has historically presented both opportunities and risks for consumers lacking sufficient knowledge. Today, virtual assets, blockchain technology, and digital finance constitute another major transformation in the global economy. NaVALI's mission is to equip citizens with the understanding required to navigate this new financial landscape wisely and safely.\n\nProf. Frederick Kwaku Sarfo, USTED's Vice-Chancellor, affirmed the university's commitment to generating digitally responsible graduates, ethical entrepreneurs, and leaders capable of thriving in the Fourth Industrial Revolution. He stressed that when technology advances outpace public education, society becomes susceptible to exploitation. Conversely, when education keeps pace with innovation, society benefits. He also praised the collaborative efforts of the BoG, SEC, government agencies, and industry stakeholders in advancing financial literacy across the region.",
  "summary": "The Ashanti Regional chapter of the National Virtual Assets Literacy Initiative (NaVALI) has been launched at the University of Skills Training and Entrepreneurial Development (USTED) in Kumasi to deepen public awareness and protect consumers against digital financial risks. The nationwide public education campaign, being implemented through a joint collaboration between the Bank of Ghana (BoG) ……",
  "key_points": [
    "NaVALI launched in Ashanti region to educate public on virtual assets",
    "Collaboration between Bank of Ghana and Securities and Exchange Commission",
    "Emphasizes regulatory oversight and consumer protection"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}