Ghana SEC admits 11 crypto firms into 12-month regulatory sandbox
Blockchain.com enters Ghana and targets mobile money. The SEC admits 11 crypto firms into a 12‑month sandbox.
Blockchain.com announced a Ghana launch to link crypto payments, including Bitcoin, with mobile money rails PR Newswire.
Ghana’s SEC named 11 participants cleared for a new regulatory sandbox SEC Ghana. They will operate under the Virtual Asset Service Providers Act passed in December.
- Africoin
- Blu Penguin
- Goldbod
- Hanypay
- Hyro Exchange
- HSB Global
- KoinKoin
- Whitebits
- Vaulta
- XChain
- Bsystem
The sandbox runs for 12 months, with potential full licensing in as little as 6 months if all requirements are met Startup Researcher. AML/CFT rules apply. Consumer protection is embedded. Officials say pilot learnings will shape final rules SEC Ghana. The VASP law requires licensing or registration with the Bank of Ghana or the SEC before operating SEC Ghana. Act 1154 frames the program’s scope and timeline tweet.
Ghana is already a top‑five crypto market in Sub‑Saharan Africa, alongside Nigeria, South Africa, Ethiopia, and Kenya BloomingBit. Regional inflows rose over 50% year on year, topping $200B between July 2024 and June 2025, with Nigeria receiving $90B. Most transfers are under $1,000. Stablecoins dominate for cross‑border payments and FX hedging BloomingBit.
Foreign platforms are arriving as local rules firm up. The SEC says “no registration, no operation,” signaling a durable framework for digital assets GhanaWeb.
