Home Ghana Launches Crypto Sandbox With 11 Companies

Ghana Launches Crypto Sandbox With 11 Companies

Share
News
Share

The Securities and Exchange Commission of Ghana has announced that it has admitted 11 companies into a 12-month regulatory sandbox to pilot virtual asset trading. The sandbox will be a part of the country’s new cryptocurrency framework.

According to an official filing, the programme is meant to let companies try out their crypto products and services in a controlled setting under the regulatory oversight of the SEC.

The move comes following the country passing the Virtual Asset Service Providers Act, 2025. This act is expected to give crypto businesses legal status in Ghana and set rules for licensing exchanges, payment platforms and other digital asset companies.

The SEC said the objective of the sandbox is to support responsible innovation while protecting investors and making sure companies follow anti-money laundering and security rules.

The companies selected for the trial include five exchanges: Hyro Exchange, Hanypay, HSB Global, Koinkoin, and WhiteBit, according to Mensah Thompson, deputy director general of operations at the SEC.

Three companies, Vaulta, XChain, and Bsystem, will focus on fractionalising global assets. Africoin will work on tokenising gold, Blu Penguin will focus on tokenising payment systems and GoldBod will provide custody services for gold-backed securities.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

News

Solana ETFs Attract $540M From Institutions Despite Price Drop

When the U.S. Securities and Exchange Commission (SEC) approved spot Solana ETFs last year, the headline was ‘regulatory history’. The follow-on story...

News

Ghana Launches Crypto Sandbox With 11 Companies

The Securities and Exchange Commission of Ghana has announced that it has admitted 11 companies into a 12-month regulatory sandbox to pilot...

News

Jito Foundation Acquires SolanaFloor After Security Shutdown

The Jito Foundation has acquired SolanaFloor, a data and journalism platform covering the Solana ecosystem. It plans to relaunch the site that...

News

Société Générale-FORGE Launches Euro Stablecoin On Stellar Network

The Euro-denominated stablecoin of Société Générale-FORGE, the crypto arm of French banking company Société Générale, has been deployed on the Stellar blockchain....

Latest Blogs

AI-enabled Fraud: Real Cases, Scammer Tactics & Smart Prevention Tips

Hey, congratulations! You won the Rs 2 Crore lottery. To withdraw funds, share your bank details along with a one-time password (OTP)...

Healthcare Will Never Be The Same, Thanks To Blockchain

We have all heard this famous saying, “Health is Wealth’. Success, wealth, and accomplishments are meaningless without good health. Nothing is more...

AI-enabled Fraud Detection In Digital Finance

Do you remember the last time you used an Automated Teller Machine(ATM) to withdraw money? Well, with the advent of Unified Payments...

“Bitcoin Hi Bhavishya Hai?” A Latest Statement Of Michael Saylor About BTC

Key Takeaways In the Sujal Show podcast, Michael Saylor shared easy lessons about Bitcoin and saving money. He said Bitcoin is like...

Related Articles

AI-enabled Fraud: Real Cases, Scammer Tactics & Smart Prevention Tips

Hey, congratulations! You won the Rs 2 Crore lottery. To withdraw funds,...

Healthcare Will Never Be The Same, Thanks To Blockchain

We have all heard this famous saying, “Health is Wealth’. Success, wealth,...

AI-enabled Fraud Detection In Digital Finance

Do you remember the last time you used an Automated Teller Machine(ATM)...

“Bitcoin Hi Bhavishya Hai?” A Latest Statement Of Michael Saylor About BTC

Key Takeaways In the Sujal Show podcast, Michael Saylor shared easy lessons...