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Ghana opens crypto trading sandbox with 11 firms under new VASP law

Ghana opens crypto trading sandbox with 11 firms under new VASP law

Ghana’s Securities and Exchange Commission (SEC) said 11 companies have been granted access to a regulatory sandbox to test cryptocurrency and digital asset services under the country’s Virtual Asset Service Providers Act, 2025.

The program allows companies to run their products in a controlled environment while regulators monitor risks and compliance.

The sandbox will run for 12 months and sits at the center of Ghana’s early efforts to bring oversight to the crypto sector, according to a press release.

Companies in the first cohort include asset tokenization firms like Africoin, Blu Penguin, Vaulta, XChain and Goldbod as well as cryptocurrency exchanges like Hyro Exchange, HanyPay and WhiteBit.

The commission said firms whose…

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