The Bank of Ghana has onboarded six fintech companies into its Regulatory Sandbox Programme as part of broader efforts to balance financial innovation with robust regulatory oversight.
The goal of the one-year project is to validate proposed regulatory frameworks that control virtual asset issuance, exchange, custody, and administration.
The Bank of Ghana selected Transika Ltd., One Africa Securities Ltd., Mansu Technologies Ltd., Payafrione GH Ltd., Akuna Wallet Ltd., and Afrix Paycoin Ltd. to participate in the programme.
The central bank said the sandbox framework balances innovation with regulation by enabling controlled testing while preserving market stability and consumer protection.
The central bank stressed that participation in the sandbox is not equivalent to full licensing and approval may be withdrawn if firms fail to meet performance or regulatory standards.
The initiative is a component of the Bank’s larger mission to promote a secure, inventive, and robust financial system.
