The post Ghana SEC Approves 11 Firms for Crypto Sandbox appeared on BitcoinEthereumNews.com.

Ghana’s SEC admits 11 firms into a 12-month VASP Act 2025 crypto sandbox, setting the stage for full digital asset licensing across West Africa. Ghana’s Securities and Exchange Commission just moved. Eleven virtual asset service providers got access to a regulatory sandbox on March 10, 2026. The pilot runs for 12 months under the Virtual Asset Service Providers Act, 2025 (Act 1154). The firms test their products in a controlled environment. Regulators watch risk and compliance in real time. As CoinDesk posted on X, the SEC confirmed companies will operate under direct oversight throughout the period. Must Read: Ghana Approves Landmark Crypto Law to Regulate Digital Asset Markets Not all 11 firms do the same thing. Africoin, Blu Penguin, Vaulta, XChain, and Goldbod focus on asset tokenization. Hyro Exchange GH Ltd, HanyPay, and WhiteBits operate as crypto exchanges. HSB Global, KoinKoin, and Bsystem Ltd round out the cohort. The Six-Month Split Nobody Is Talking About The sandbox does not run as one flat twelve months. There is a split baked in. Firms whose products are market-ready within the first six months can move directly to a full activity-based license. The ones still refining get the back half. That distinction matters. It creates two tracks inside the same sandbox window. Fast movers get licensed faster. Slower ones stay under observation. CoinDesk’s March 11 report described the sandbox as sitting at the center of Ghana’s early oversight push. The SEC’s own press release frames it differently. The commission says the pilot lets it validate draft guidelines across every licensing category listed in the VASP Act schedule. That is the actual goal here. You Might Also Like: Sub-Saharan Africa Is Now One of the Top-Three Growing Regions in Crypto Adoption Ghana’s parliament passed the VASP legislation after years of pushback from the central…

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Filed under: News - @ March 13, 2026 12:25 am