HanyPay Admitted to SEC Virtual Asset Sandbox to Pilot Virtual Asset Trading Platform
HanyPay Ghana Limited has been admitted to the Securities and Exchange Commission (SEC) Virtual Asset Sandbox to pilot a Virtual Asset Trading Platform, marking a significant milestone in the company’s participation in Ghana’s emerging regulated virtual asset ecosystem.
In a public notice dated 19 August 2026, the SEC published the full list of 20 Virtual Asset Service Providers (VASPs) admitted to pilot various virtual asset services under the Commission’s regulatory sandbox framework, which commenced in March 2026.
HanyPay was among the entities initially admitted to the sandbox in March and has now been formally identified in the Commission’s published list as a participant piloting a Virtual Asset Trading Platform.
The development places HanyPay within the SEC’s controlled regulatory environment, where selected virtual asset products and services are being tested under regulatory supervision while the Commission develops and refines activity-specific regulatory requirements.
The SEC established the sandbox to generate practical regulatory data, market insights and industry experience that will support the validation and finalisation of guidelines and regulations under the Virtual Asset Service Providers Act, 2025 (Act 1154).
The Commission has stated that the initiative is intended to promote responsible innovation in Ghana’s virtual asset sector while strengthening investor protection, market integrity, anti-money laundering and counter-terrorism financing controls, and regulatory compliance.
For HanyPay, participation in the sandbox provides an opportunity to test and demonstrate its virtual asset trading platform within the regulatory framework being developed by the SEC, while contributing practical industry experience to Ghana’s evolving virtual asset regulatory architecture.
The SEC’s regulatory sandbox is scheduled to operate for 12 months. Under the framework announced at its commencement, participants whose products are considered market-ready and who satisfy applicable regulatory requirements after the initial six-month period may be considered for transition into the relevant activity-based licensing or registration regime.
This creates an important regulatory pathway for participating companies: from controlled sandbox testing, through regulatory assessment and refinement, to potential licensing or registration under the applicable provisions of Act 1154.
HanyPay’s inclusion in the SEC’s latest publication therefore represents more than a recognition of its participation in the sandbox. It places the company within Ghana’s formal regulatory process for developing the next generation of virtual asset market infrastructure.
As HanyPay continues its sandbox journey, the company remains focused on building its virtual asset services around regulatory compliance, customer protection, security, transparency and responsible innovation.
The company views its participation in the SEC Virtual Asset Sandbox as an important step in its broader objective of contributing to the development of a secure, compliant and accessible digital asset ecosystem in Ghana and across Africa.
HanyPay’s position is clear: innovation must advance alongside regulation, accountability and customer protection.
Story by Kekeli K. Blamey
