Ghana Positions Itself as Africa’s Hub with First Crypto Regulatory Sandbox

TLDR: Ghana admits 11 firms into crypto sandbox to test exchanges and tokenization under VASP Act. Over 3 million Ghanaians use crypto, with transaction volumes rising 80% amid growing adoption. Blockchain.com expands to Ghana after 700% growth in Nigeria’s digital asset market. Sandbox supports regulatory compliance, investor protection, and responsible innovation for firms. Ghana’s crypto regulatory sandbox has launched under the 2025 VASP Act, allowing 11 firms to test digital asset services. The initiative aims to regulate the market, protect consumers, and build a structured framework for the country’s growing crypto ecosystem. Ghana opens regulatory sandbox for virtual asset providers The Ghana crypto regulatory sandbox allows selected firms to operate under regulatory supervision. The Securities and Exchange Commission and Bank of Ghana oversee the 12-month pilot. Eleven firms, including Hyro Exchange, Koinkoin, and Africoin, have been admitted. The sandbox is the first operational step following the Virtual Asset Service Providers Act (2025), which legally recognizes digital asset companies. The programme permits firms to test cryptocurrency exchanges, tokenization of assets, and custodial services within a controlled environment. GHANA’S 80% CRYPTO SURGE LEADS AFRICA’S CHARGE Ghana’s SEC has rolled out the continent’s first regulatory sandbox for virtual assets, onboarding 11 companies to test services like exchanges and tokenization under the 2025 VASP Act. With Blockchain .com entering the market,… https://t.co/XptBvNG5ac pic.twitter.com/IITrK4Pfob — CryptosRus (@CryptosR_Us) March 11, 2026 Companies meeting the regulatory requirements may receive full licences after six months. Others can continue testing until the program ends. The SEC will use lessons from the sandbox to prepare final licensing guidelines for virtual asset service providers. Regulators have emphasized compliance with anti-money laundering and counter-terrorism financing standards. T...