Business News of Wednesday, 11 March 2026
Source: www.ghanaweb.com
The Chamber of Digital Assets and Blockchain Innovations (CDABI) Ghana Chapter has welcomed the publication of the Securities Industry (Regulatory Sandbox Licensing) Guidelines 2026 (SEC/GUI/001/03/2026) by the Securities and Exchange Commission, Ghana, describing it as a landmark development for Ghana’s virtual asset and digital finance ecosystem.
In a statement, CDABI said the Guidelines provide a structured, risk-proportionate pathway for innovative capital market products and services to be tested and developed within a supervised regulatory framework.
The Chamber highlighted the introduction of a dedicated Virtual Asset Sandbox Track, anchored to the Virtual Asset Service Providers Act, 2025 (Act 1154), as a key feature that reflects a maturing regulatory architecture.
CDABI noted that aligning the sandbox framework with the broader Virtual Asset Service Providers (VASP) regulatory regime is essential to building investor confidence and promoting responsible innovation.
Other notable provisions include robust consumer protection measures, binding key performance indicators (KPIs) and risk disclosure obligations, as well as a 30% local participation threshold for foreign Virtual Asset Service Providers. CDABI said these measures demonstrate that the SEC has carefully balanced investor protection with national economic interests.
The Chamber also praised the transparency and thoroughness of the application and approval process, including the phased process outlined in Annex C and the detailed documentation requirements, which clearly set expectations for prospective applicants.
As an industry membership and self-regulatory organisation, CDABI works closely with the Bank of Ghana, the Securities and Exchange Commission Ghana, and the Virtual Assets Regulatory Office to support a well-regulated, transparent, and inclusive digital asset market.
CDABI said it is committed to assisting member firms and the broader industry in understanding and navigating the sandbox application process.
It encouraged all eligible firms, including established capital market operators, FinTechs, and Virtual Asset Service Providers, to engage seriously with the Guidelines and seek guidance from the Chamber.