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.
You need to login in order to Like










Leave a comment