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SEC Ghana to License Fintechs and Finalize Regulatory Sandbox, Driven by New Virtual Assets Act

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The Deputy Director-General, Operations at the Securities and Exchange Commission, Ghana, Mr. Mensah Thompson, has outlined Ghana’s evolving regulatory approach to virtual assets and digital finance at the 2026 3i Africa Summit 2026 held in Accra.

Speaking on the theme “Ghana’s Approach to Virtual Assets: Enabling Innovation While Safeguarding Stability,” Mr. Thompson said Ghana is pursuing a “measured innovation under supervisory discipline” approach that balances innovation with investor protection and financial stability.

He described the Virtual Asset Service Providers Act, 2025, as a significant milestone in establishing a legal framework for regulating virtual asset activities in Ghana.

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He also disclosed that the SEC is finalising its Regulatory Sandbox framework and preparing to begin licensing fintech firms operating within the capital market.

Mr. Thompson noted that opportunities within fintech extend beyond payments into areas such as tokenised securities, digital bond issuance, wealth technology and market infrastructure solutions.

He added that virtual assets are increasingly becoming integral to Ghana’s broader capital market development agenda, particularly in expanding investor participation and strengthening market infrastructure.

He concluded by stressing that while technology continues to evolve rapidly, the principles of sound regulation, transparency, governance and market integrity remain central to the SEC’s regulatory approach.

The 3i Africa Summit has become a leading platform for dialogue on innovation, investment and impact across Africa since its launch in 2024.

It convenes regulators, policymakers, central banks, fintech leaders, institutional investors and development partners to shape the continent’s digital financial future. The 2026 edition was held under the theme “The Next Frontier: Shaping Africa’s Integrated FinTech Future.”

By: Rainbowradioonline.com/Ghana

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