Ghana Launches Crypto Trading Sandbox With 11 Firms Under New VASP Law
Ghana’s regulator has launched a crypto trading sandbox that admits 11 firms to operate products in a controlled setting under the country’s newly enacted VASP law. Participating companies can test trading services and custody arrangements with regulator supervision, which is designed to identify operational risks, improve compliance practices, and protect consumers before wider market roll‑out.
The move signals a pro‑innovation but cautious approach to digital asset markets in Ghana, aligning the country with other jurisdictions using sandboxes to build regulatory capacity. For market participants this creates a clearer pathway to licensing and market entry, while for users it aims to raise trust and reduce wrongdoing as regulators evaluate outcomes and consider broader rule‑making or scaling the program.