Ghana’s securities regulator selects 11 firms for crypto regulatory sandbox to test digital asset services under supervision.
The Ghana Securities and Exchange Commission has announced 11 companies selected to participate in its Virtual Asset Regulatory Sandbox, advancing the country’s framework for digital asset regulation.
The initiative is part of the implementation of the Virtual Asset Service Providers Act, 2025 (Act 1154), which allows approved firms to test crypto-related services within a controlled regulatory environment.
Selected participants include AFRICOIN, BLU PENGUIN, GOLDBOD, HANYPAY, HYRO EXCHANGE GH LTD, HSB GLOBAL, KOINKOIN, WHITEBITS, VAULTA, XCHAIN, and BSYSTEM LTD.
According to the regulator, the sandbox will enable authorities to evaluate emerging technologies, operational risks, and innovative business models before granting full licenses.
The programme covers multiple virtual asset activities, including crypto exchanges, tokenization services, digital asset issuance, brokerage, and investment advisory platforms. Insights from the sandbox will guide future licensing rules and strengthen oversight of Ghana’s digital asset sector.
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