Parliament has passed the Virtual Asset Service Providers (VASPs) Bill, establishing a comprehensive legal and regulatory framework for the operation of virtual assets and related services in Ghana.
The Securities and Exchange Commission (SEC), in a press release dated December 29, 2025, said the new law marks a significant step toward safeguarding investors and strengthening the integrity of Ghana’s securities market as digital assets gain prominence.
Under the new legislation, the regulation of virtual assets will be jointly overseen by the SEC, the Bank of Ghana, and any other regulatory authority designated by the Minister of Finance.
Individuals and entities engaged in virtual asset activities will be required to obtain licences or official registration from either the SEC or the Bank of Ghana, depending on the nature of their operations.
The SEC explained that it will work closely with the Bank of Ghana to issue detailed guidelines and regulatory instruments to operationalise the Act and provide clarity for market operators.
As part of its mandate under the new law, the SEC will license and regulate a wide range of virtual asset services.
These include virtual asset exchanges and trading platforms, virtual asset issuance and tokenisation, virtual asset exchange-traded funds (ETFs), asset management and investment advisory services, brokerage activities, and advocacy related to securities.
The Commission will also oversee virtual asset mining, validation, and sandbox activities linked to securities.
The SEC reassured the investing public of its commitment to building a safe, efficient, fair, and transparent virtual asset ecosystem in Ghana. It said the passage of the Bill reinforces its resolve to protect investors while promoting innovation and responsible growth within the digital finance space.
The Commission encouraged stakeholders and members of the public seeking further information to contact the SEC through its official communication channels.
The press release was issued pursuant to sections 3 and 208(c) of the Securities Industry Act, 2016 (Act 929), as amended.
ALSO READ:
