Ghana has opened a regulated crypto trading sandbox enrolling 11 firms under its new VASP law, letting companies test products while regulators monitor risks. The program is aimed at balancing innovation with consumer protection and compliance oversight.
Blockchain.com announced expansion into Ghana after reporting a 700% trading surge in Nigeria, saying rising demand across West Africa is driving the move. The brokerage cited accelerating user activity across the broader Sub-Saharan region as the rationale.
Ghana has legalized cryptocurrency trading and empowered its central bank to regulate and license crypto service providers, the Central Bank Governor confirmed. The move aims to curb fraud and reduce systemic risk while bringing digital assets into a formal regulatory framework.