Parliament has passed the Virtual Asset Service Providers (VASPs) Bill, establishing a legal and regulatory framework for the regulation of virtual assets and virtual asset service providers in Ghana.
In a press release issued on December 29, 2025, pursuant to sections 3 and 208(c) of the Securities Industry Act, 2016 (Act 929), as amended, the Securities and Exchange Commission (SEC) said the new law will regulate virtual asset activities to ensure investor protection and market integrity.
The SEC stated that the relevant regulatory authorities under the Act are the Bank of Ghana, the Securities and Exchange Commission, and any other body prescribed by the Minister of Finance.
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According to the Commission, all persons and entities engaged in virtual asset activities will be required to obtain a licence or be officially registered with either the SEC or the Bank of Ghana, depending on the nature of their operations.
The SEC and the Bank of Ghana will subsequently issue guidelines and other regulatory instruments to operationalise the Act.
The SEC clarified that it will license and regulate several virtual asset services under the law.
These include virtual asset exchanges, trading platforms, issuance, tokenisation, virtual asset exchange traded funds (ETFs), virtual asset managers, investment advisors, brokerage services, advocacy on securities-related virtual assets, mining and validation on securities, as well as virtual asset sandbox activities related to securities.
The Commission assured the general and investing public of its continued commitment to building a safe, efficient, fair and transparent virtual asset ecosystem in Ghana, with strong investor protection and market integrity.
