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The companies volition beryllium capable to tally their products successful a controlled situation portion regulators show risks and compliance.
Mar 11, 2026, 1:21 p.m.
Ghana’s Securities and Exchange Commission (SEC) said 11 companies person been granted entree to a regulatory sandbox to trial cryptocurrency and integer plus services nether the country’s Virtual Asset Service Providers Act, 2025.
The programme allows companies to tally their products successful a controlled situation portion regulators show risks and compliance.
The sandbox volition tally for 12 months and sits astatine the halfway of Ghana’s aboriginal efforts to bring oversight to the crypto sector, according to a press release.
Companies successful the archetypal cohort see plus tokenization firms similar Africoin, Blu Penguin, Vaulta, XChain and Goldbod arsenic good arsenic cryptocurrency exchanges similar Hyro Exchange, HanyPay and WhiteBit.
The committee said firms whose products are market-ready and conscionable regulatory requirements could modulation to a afloat licence aft six months. Others whitethorn stay successful the sandbox for the remaining play to refine their services.
The SEC said the workout volition besides assistance it signifier elaborate licensing guidelines for antithetic types of crypto businesses. Data gathered during the aviator volition pass rules covering areas specified arsenic capitalist protection, marketplace integrity and anti-money laundering controls.
Once the sandbox closes, the regulator plans to people the last guidelines and unfastened the licensing process to a broader acceptable of virtual plus work providers.
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What to know:
- Senator Adam Schiff has introduced the DEATH BETS Act, which would explicitly prohibition prediction marketplace contracts tied to terrorism, war, assassination and idiosyncratic deaths.
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